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:

Zondervan hosts dinner for NIV’s 50th

News image

Zondervan, Biblica and the Committee on Bible Translation welcomed more...

READ MORE

Munce partners with SuzyQ to host writers conference

News image

The Munce Group and SuzyQ have announced a new writers...

READ MORE

Fire destroys Los Angeles Christian store

News image

A Christian retail store was gutted by fire Friday evening,...

READ MORE

Family Christian partners to assist widows for Thanksgiving

News image

Family Christian Stores has announced its partnership with author Miriam...

READ MORE

LifeWay to stay closed Thanksgiving

News image

While the "war on Christmas" generates more headlines, Thanksgiving has...

READ MORE

Britt Beemer: Retailers ‘control their own destinies’

News image

The mood of the American consumer is surprisingly gloomy, according...

READ MORE

GMA Canada presents Covenant Awards

News image

The Gospel Music Association (GMA) Canada honored singer-songwriter Dan Bremnes...

READ MORE

Holley Gerth’s ‘Amazing’ becomes best-seller

News image

Holley Gerth’s You’re Already Amazing (Revell/Baker Publishing Group) has landed...

READ MORE

Hachette to set e-book prices under new Amazon deal

News image

Hachette Book Group and Amazon announced Thursday that the companies...

READ MORE

Nazarene Publishing House restructures

News image

Nazarene Publishing House (NPH) will not close for business, but...

READ MORE

Harlequin ends Heartsong Presents fiction line

News image

Harlequin is ending the Heartsong Presents line it acquired in...

READ MORE

Christian retailers to participate in Small Business Saturday

News image

Nov. 29 is “Small Business Saturday,” a promotion that urges...

READ MORE
100%
-
+
0
Show options

a