Health law's employer requirement will phase in
WASHINGTON - The Obama administration is giving another delay to business groups concerned about the health care law's requirement that larger firms cover their workers.
The Treasury Department announced Monday that companies with 50 to 99 employees have an additional year to comply with the coverage mandate, until January 1, 2016.
For businesses with 100 or more employees the requirement will still take effect in 2015. But other newly announced provisions may help some of those firms.
The employer requirement was originally supposed to take effect this year for companies with 50 or more workers. The administration delayed it last year, the first sign of potential problems with the rollout of President Barack Obama's health care law.
Under the law, companies with fewer than 50 employees don't have to offer coverage.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Donations sought to upgrade police ballistic vests
BRAF's First Responders Fund has netted $200k+ in donations
Eight-year-old boy makes $20K donation to first responders fund
Overtime in the millions following violent protests in Baton Rouge
City employee accused of stealing $15,000 from parking meters