- N.C. math whiz to unveil secret of March Madness picks
- An appealing offer: Chiquita merges with Fyffes to make world’s largest banana firm
- Amnesty International says Syria guilty of war crimes for food blockade
- Mitch McConnell on beating tea party: ‘We are going to crush them’
- Adam Lanza’s dad: He would’ve killed me ‘in a heartbeat’
- North Korea holds election: 100% turnout, Kim Jong-un gets — 100% of vote
- Gentlemen, start your drones: Judge’s ruling opens door for commercial use
- Soldier who hid, bragged about not saluting flag to be punished — in secret
- ‘Maverick’ of the seas: ‘Top Gun’ school for U.S. ship officers to launch
- Putin declares Sochi Paralympics open amid Ukrainian protest
Obamacare ‘employer mandate’ streamlined by Treasury, but delay stays
The Treasury Department proposed regulations on Thursday to implement reporting requirements for insurers and larger firms subject to the new health care law’s “employer mandate,” a controversial provision the White House quietly delayed for one year.
Administration officials said they are trying to find ways to streamline or simplify rules tied to the mandate, which requires employers with 50 or more full-time workers to provide adequate health coverage or pay fines.
About 95 percent of employers in this category already provide coverage, the administration said.
Critics of the law say the mandate is prompting retail and restaurant employers to trim payroll to stay below the threshold or shift workers to part-time status because the mandate defines a full-time work week as 30 hours, not 40.
The White House decided July 2 to delay the mandate by one year, to 2015, citing complaints among the business community about the mandate’s complex reporting requirements.
“We will continue to consider ways, consistent with the law, to simplify the new information reporting process and bring about a smooth implementation of those new rules,” said Mark J. Mazur, assistant secretary for tax policy.
The Treasury requested feedback from stakeholders through November on its proposals, which would require fewer forms from employers or eliminate the need to determine if certain employees are full-time or not.
© Copyright 2014 The Washington Times, LLC. Click here for reprint permission.
About the Author
Tom Howell Jr. covers politics for The Washington Times. He can be reached at firstname.lastname@example.org.
- Russia should be booted from FIFA World Cup, senators say
- New tool helps figure Obamacare penalties
- Tax-prep firms pitch in, cash in on Obamacare
- Obama tries to reassure Hispanics on Obamacare
- Half of uninsured look to Obamacare exchanges for coverage
Latest Blog Entries
TWT Video Picks
Taxpayers must pay the freight for over-budget train projects
- Kim Jong-un calls for execution of 33 Christians
- Rand Paul wins 2014 CPAC straw poll, Ted Cruz finishes a distant second
- Investigators puzzle: How does a 777 jetliner just disappear into thin air?
- Russia besieges Crimea as U.S. seeks diplomacy; Putin remains undeterred by Obama's sanctions
- As Crimea falls, Obama takes Key Largo golf vacation, Biden hits Virgin Islands
- Senate Democrats, Republicans spar over restoring unemployment benefits
- CURL: Today's GOP really is Reagan's 'Big Tent' party
- Adam Lanza's dad: He would've killed me 'in a heartbeat'
- Bill Clinton poses for photo with Bunny Ranch prostitutes
- U.S. pilot scares off Iranians with 'Top Gun'-worthy stunt: 'You really ought to go home'
Pope Francis meets his 'mini-me'
Celebrity deaths in 2014
Winter storm hits states — again