Affordable Care Act Employer Mandate Delayed Until 2015
A major provision of the Healthcare law that would require employers to provide health insurance for their workers has been delayed until 2015.
FOX News Radio’s Jared Halpern reports from Washington DC:
Recognizing concerns about the complexity of Healthcare law requirements, the Treasury Department is announcing a deadline delay for businesses to comply with the new health insurance mandates. The law requires companies with fifty or more employees to offer affordable health insurance options or face pricey fines. That mandate was supposed to kick in next year, employers now have until 2015. This delay does not change the individual mandate requiring American workers purchase health insurance or pay a tax by next year.
In Washington, Jared Halpern, FOX News Radio.