Delaying by one year to 2013 the health care reform law requirement that most Americans enroll in a health care plan or pay a fine would reverse - at least temporarily - the expected dramatic decline in the number of uninsured, according to a Congressional Budget Office report.
That mandate, coupled with an expansion of the Medicaid program in many states and availability of federal premium subsidies to lower and middle income uninsured’s to help offset the cost of policies purchased in public insurance exchanges, was expected to reduce the number of uninsured in 2014 to 44 million, down from an estimated 58 million uninsured in 2013, the CBO said in its most recent report.
But without the individual mandate, about 55 million people under age 65 will be uninsured in 2014.
On the other side of the fence……
Earlier, the Obama administration delayed to 2015, the ACA requirement that employers with at least 50 fulltime employees offer coverage or pay a $2,000 penalty per employee, minus the first 30 employees.
This delay to a key provision of the ACA has employers in the nation jubilant - however, employers will still have to comply with other provisions of the Patient Protection and ACA unless the Treasure Department expands its delay.
Why did this happen? The fact that regulators have not provided any guidance on how employers are to comply with the requirement to file health care plan enrollment information for all their employees with the Federal Government.
So nothing’s changed. As you were. Keep on Keeping on!
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