There It Is: Obamacare Employer Mandate Delayed For Companies With Under 100 Employees

Zero Hedge ^ | 10 February 2014

[Lorianne]

Just as we predicted it would happen, here it comes:

OBAMACARE EMPLOYER MANDATE TO BE DELAYED FOR SOME COMPANIES

Specifically, according Bloomberg, businesses with 50-99 workers have until 2016 before being penalized for not providing health-care coverage to full-time workers, according to final regulations released by Treasury.

Additionally, businesses with 100 employees or more must offer coverage to at least 70% of full-time workers in 2015 and 95% in 2016; those that don’t will face penalty; Exemption in place for seasonal workers, those defined as generally at jobs 6 mos. or less/yr "While about 96 percent of employers are not subject to the employer responsibility provision, for those employers that are, we will continue to make the compliance process simpler and easier to navigate,” Asst Secretary for Tax Policy Mark J. Mazur says in statement e-mailed by Treasury. Furthermore, businesses with less than 50 employees are not required to provide coverage or fill out any forms in 2015.

[VRW Conspirator]

take it to court

[P-Marlowe]

How many companies with 100-150 employees are going to be laying off some workers when this goes into effect?

All of them?

[E. Pluribus Unum]

They waited until the damage was already done. Mission accomplished anyway.

[writer33]

Might be of interest to you ping!

[bravo whiskey]

which is probably as illegal and unconstitutional as all of commiecare but the dims are fine with it and the dim lites, aka republicans, don't have any spine to stand up to him. but i bet they have high self-esteem and get invited to all the parties. bastards.

[nascarnation]

I’m convinced the reason they needed the +15,000 attorneys and accountants for the IRS was because the law is an amoeba, it changes daily.

[Buckeye McFrog]

take it to court

SCOTUS won't get final say until 2018.
Obama damned well knows this.

[Uncle Chip]

How do they amend a law without going through the legislative process???

[exit82]

Sorry, not equal under the law. Unconstitutional on its face.

FUBO.

[FlingWingFlyer]

ObamaScam

[Jeff Chandler]

"So let it be written, so let it be done."

[ealgeone]

What a cluster he is.

[lowbridge]

“Sorry, not equal under the law. Unconstitutional on its face.”

But its happening anyway.

[TurboZamboni]

He has a pen.(and a phone)

[writer33]

But its happening anyway.

And there's too damn few to stand up and do something about it.

[writer33]

I wonder if he did this with a pen or the phone, or did he do it with both in a multi-tasking effort. :-)

[TurboZamboni]

The pen writes checks we have no money for.

The phone calls in favors to our Chinese overlords.

[writer33]

Yep. Sounds like multi-tasking. :-)

[edcoil]

My company stopped our health care Jan 1, ended 401K last last year. Working For PRIVATE CO TODAY IS LIKE BACK IN THE 1970’S, NO PERKS, NO BENNIES, NO HEALTH CARE - IT SUCKS.