Obamacare Delay another Hail Mary as the clock runs down to the November elections
The Post reports: “For the second time in a year, the Obama administration is giving certain employers extra time before they must offer health insurance to almost all their full-time workers. Under new rules announced Monday by Treasury Department officials, employers with 50 to 99 workers will be given until 2016 – two years longer than originally envisioned under the Affordable Care Act – before they risk a federal penalty for not complying.”
For larger companies it is even worse: “Instead of being required in 2015 to offer coverage to 95 percent of full-time workers, these bigger employers can avoid a fine by offering insurance to 70 percent of them next year.”
Except for the die-hard Obama spinners, there was widespread recognition that this is another Hail Mary as the clock runs down to the November elections.