What Does The Delay In The Obama-Care Penalty Mean?
- Published: 09 July 2013
In a Tuesday announcement, the administration abruptly declared a one-year delay in the mandate that larger employers provide coverage for their workers or pay penalties. So this is a purely political decision, postponing the effective date of the mandate beyond next year’s midterm elections. So should businesses be relieved?
In a word, no. This just gives you more time. This is just a temporary reprieve, not an indicator of things to come. Now is the time to get your act together regarding health care in the context of Obama-care. Click here to read an article in the New York Times that provides some color to the White House's decision.
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-The Business Law Team
Rogers, Sheffield & Campbell