Christian Retailing

NEWSLETTERS Current Issue Obamacare delay takes heat off mid-sized employers
Obamacare delay takes heat off mid-sized employers PDF Print E-mail
Written by Jeremy Burns   
Monday, 17 February 2014 12:06 PM EST

iStock_000005253776.graffoto8-webMid-sized employers have been granted another year before they will be legally required to offer health insurance to nearly all full-time employees. The Obama administration announced another delay in the employer mandate section of the Affordable Care Act—also known as Obamacare—pushing the requirement back to 2016 for companies with 50 to 99 full-time employees.

Larger companies—defined by the law as having 100 or more employees—also were granted a reprieve in the announcement. Though their implementation date remains Jan. 1, 2015—delayed by a more sweeping announcement in July from the law’s original 2014 deadline—large employers will only be required to offer insurance to 70% of full-time workers by that time, instead of the 95% originally mandated.

Small employers—those with 49 or fewer employees—will not be required to offer insurance or fill out any forms, but will instead be able to purchase health plans through new marketplaces created under the Affordable Care Act. The federal small-business marketplace, which was supposed to roll out in October 2013, has been delayed until the fall.

Though the administration’s unilateral delays have raised the ire of the law’s critics and proponents alike, the employer mandate delays offer some breathing room to employers still struggling to implement the law’s requirements.  Failure to comply with the requirements can carry steep fines, and with sections of the employer mandate still being questioned on legal and moral grounds—most prominently in the upcoming Hobby Lobby Supreme Court case dealing with the contraceptive portion of the mandate—the requirement’s delays will offer more time for employers and enforcers alike to better assess and implement the law’s changes.

 

In this current issue:

Provident partners with CNI for order fulfillment

News image

Provident Distribution announced July 31 a new relationship with Nashville-based...

READ MORE

InterVarsity, Rose Publishing named among Best Christian Workplaces

News image

The Best Christian Workplaces Institute (BCWI) included InterVarsity Press (IVP)...

READ MORE

Get ready for Christmas with ‘Christian Retailing’

News image

The August issue of Christian Retailing shows Christian retailers how...

READ MORE

United Methodist publisher dedicates new headquarters

News image

The United Methodist Publishing House (UMPH) celebrated the dedication of...

READ MORE

Hobby Lobby, Mardel file credit card fee lawsuit

News image

Oklahoma City-based Hobby Lobby Stores and Christian retail chain Mardel...

READ MORE

Downloads take off for Lysa TerKeurst’s First 5 app

News image

New York Times best-selling author Lysa TerKeurst, along with Proverbs...

READ MORE

Romance Writers of America honors Irene Hannon

News image

Irene Hannon, best-selling author of more than 50 novels, won...

READ MORE

Pillar reunites to release first album in six years

News image

Christian rock group Pillar is releasing its first album in...

READ MORE

Partnership broadens reach of International Children’s Bible

News image

The International Network of Children’s Ministry (INCM) announced Tuesday that...

READ MORE

Audiobook sales rise significantly in 2014

News image

The audiobook industry is continuing to expand in sales as...

READ MORE

Thomas Nelson promotes senior marketing staff

News image

Thomas Nelson announced two senior marketing promotions July 24. Michael Aulisio...

READ MORE

Jason Crabb honored with street name in hometown

News image

Jason Crabb was recently honored with a street name, “Jason...

READ MORE
100%
-
+
0
Show options

a