Businesses Welcome Delay For The Health Overhaul’s Employer Mandate
Large employers, many of which already provide coverage to full-time workers, cheered the news because it would relieve them of complex new reporting requirements. Businesses with fewer than 50 employees are not subject to the coverage mandate.
The Wall Street Journal: Employers Welcome Delay In Health-Care Overhaul Penalties
Employers and their advisers cheered a one-year delay in employer penalties under the health-care overhaul law, but said they remain wary of unsettled details and the law's long-term impact (Thurm and Berzon, 7/2).
Politico: Businesses Cheer Employer Mandate Delay
Under a decision released by the Treasury Department on Tuesday, large employers won't be penalized until 2015 — and not next year — for failing to offer coverage to full-time workers. The delay will have less of an effect on small businesses with fewer than 50 employees, who face new reporting requirements under the law but don't have to offer coverage (Cunningham, 7/2).
USA Today: Businesses React To Health Care Act Delay
Reaction marked a divide between representatives of big business, who mostly provide insurance already and were focused on complying with complex new reporting rules, and representatives of small business who said they need much bigger changes (Mullaney, 7/2).
Kaiser Health News: Business Groups, Consumer Advocates, Politicians, Policy Makers React To Mandate Decision
Opponents of the federal health law, especially business groups and conservatives, were quick to praise the decision by the Obama administration to delay enforcing the employer mandate provision by one year, until 2015. Some supporters of the law said the decision would not create major problems. Here is a roundup of some of the statements and edited quotes from interviews within the first few hours of the announcement (Galewitz, 7/2).