White House Delays “Obama Care” for Employers

Business owners received a one-year reprieve as the Obama Administration made a surprise announcement that it would delay until 2015 the Affordable Care Act’s requirement for companies with 50 or more employees. Under the Act, business affected by the Act must provide affordable health care insurance coverage to any uninsured full-time employees or risk a series of escalating tax penalties if even one employee receives government-subsidized insurance.


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