The Dec Page
The Department of Health and Human Services quietly rolled out another health care reform change last week. While Kathleen Sebelius speaks out in the House against the bill that would delay the individual mandate for 5 years, her agency has provided a way out without paying a penalty. So what's the difference?
From the Wall Street Journal, March 12, 2014:
In UAW, VW, and the Vote, we took a lot at the stakes in the union for at a Tennessee VW auto plant. The Union was feeling frisky. VW, due to the influence of its European Union IG Metall was sitting on the sidelines, was unopposed to the union vote. Workers inside the plant formed their own opposition with a little help from interested parties in Tennessee.
We were greeted with the "surprise" news that the employer mandate has been delayed FOR SOME EMPLOYERS once again. I place the word "surprise" in quotes not because we knew it was coming, but because at this point being "surprised" by the sudden changes in Obamacare is like Vizzini repeatedly declaring "INCONCEIVABLE!" in The Princess Bride.
This just in - another Obamacare mandate delayed!
The Obama administration announced today that employers with between 50 and 99 full-time workers will not have to comply with the Affordable Care Act's requirement for health insurance until 2016. In addition, those companies with 100 workers or more can avoid penalties if they offer coverage to at least 70% of their full-time employees. Originally, employers with 50 full-time workers or more had to offer coverage or pay a penalty of $2,000 per employee starting in 2014.
Stand by for more details and analysis here on the Adams Insurance Service blog.