More delays for Obamacare.

2014

Do the politics ever end? Nope!

A poor structured law leads to yet another delay with the assumption under tax law there is great discretion regardless of what the law says.

This is really hard to believe. One has to wonder what more is going wrong that has yet to surface.

Politico is reporting:

The Obama administration Monday delayed part of the Obamacare employer mandate in 2015 and beyond, the latest move to counter a torrent of criticism from the business community about the health law’s impact on employers.

Treasury Department said businesses with fewer than 100 workers would not be required to provide health care to its workers in 2015 or face a fine.

It also gave big businesses with more than 100 workers more time to ramp up coverage.

The new policy Treasury announced gives the mid-size businesses — those with 50 to 99 workers – another year to adapt to the changing health care marketplace.

Larger businesses, most of which already offer health benefits, still need to start covering full time workers next year — but they don’t have to cover all of them. They have to cover 70 percent in the first year and 95 in 2016 to avoid.

The shift is meant to “ease the transition to a 30-hour week,” a senior Treasury official said.

The change also means more people will be forced to find coverage on Obamacare exchanges. I guess there will be less need for people to quit work or reduce their hours. They won’t have employer coverage in the first place.

Can there be any more evidence on how poorly thought out the ACA is?