Healthcare mandate for medium-sized businesses delayed

TIRE BUSINESS

Published: February 11, 2014 11:47 am ET

Related to this story

Topics Public Policy, Workforce

WASHINGTON — The Obama administration announced a further one-year delay in implementation of employer mandates under the Affordable Care Act (ACA) for companies with 50 to 99 employees.

Under the White House directive announced Feb. 10, medium-sized employers will have until Jan. 1, 2016, to provide ACA healthcare coverage to all employees who work 30 hours or more a week.

Employers with 100 or more full-time employees will still have to provide coverage beginning Jan. 1, 2015. In all cases, employers who fail to provide coverage after the deadline will pay a penalty of up to $2,000 per employee.

In August 2013, the administration delayed the employer mandate till 2015. Under the original ACA legislation passed in 2010, the mandate was supposed to begin in January 2014.

"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," said Mark J. Mazur, assistant secretary for tax policy, in a joint news release from the U.S. Treasury Department and the Internal Revenue Service.

The National Association of Manufacturers (NAM) and the National Federation of Independent Business (NFIB) said the deal points up flaws in the ACA.

"These kinds of delays and reinterpretations underline the shortcomings of the law itself," said Joe Trauger, NAM vice president of human resources policy. "Manufacturers continue to suffer under the uncertainty the ACA creates — they list it at the forefront of their challenges in the coming year."

"Every time small business owners hear about another delay or random rewrite of the rules under this law, they are shaking their heads and thinking, 'We told you so,'" said Amanda Austin, NFIB director of federal public policy.


Comments

Healthcare mandate for medium-sized businesses delayed

TIRE BUSINESS

Published: February 11, 2014 11:47 am ET

Post Your Comments


Back to story


More stories

Image

Residents ask court to close pipe maker

November 21, 2014 3:22 pm ET

Residents living by National Pipe & Plastics Inc.'s new factory in an industrial zone of Endicott, N.Y., say the facility has “devastated the...    More

Image

Need for skilled workers is unchanged, but method of finding them has

November 21, 2014 6:00 am ET

It's in the news nearly every day now: “How can manufacturing solve the skilled worker shortage? We need to get young people interested in...    More

Image

Ineos making its UK shale play

November 21, 2014 9:29 am ET

Chemical giant Ineos Group AG is planning to be the biggest player in the United Kingdom's shale gas industry.    More

UK court hearing case of rotomolding worker killed in 280 C oven

November 21, 2014 9:00 am ET

The management at a United Kingdom rotational molding plant are facing criminal charges for the death of a worker who was trapped inside a 280...    More

Image

New York City officials avoid taking a stand on plastic bag fee

November 20, 2014 11:28 am ET

New York Mayor Bill de Blasio's administration claimed Nov. 19 to be committed to dramatically reducing plastic bag consumption in New York City, but ...    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events