Small Business Legislative Council – July Report

As previously reported, the administration has decided to delay the imposition of penalties on large employers that fail to provide or fail to provide affordable health care insurance coverage to employees. Does the decision open up the possibility of changes to the reform law? In our estimation, “yes it does.” From our viewpoint, what it did was accelerate the timetable. We have felt for a long time that 2015 was going to be the year of reckoning. In 2015, individuals would be filing their first tax returns (for 2014) that would require the payment of penalties for failing to have health insurance. And millions of individuals would be realizing for the first time what the rhetoric of healthcare reform means in real dollars. We also felt the insurance companies would be back in Washington, D.C., in 2015 looking for adjustments as they come to grips with the new premium rating limitations. READ MORE

From "Small Business Legislative Council – July Report"
NBMDA.org (07/15/2013) Vol. 14, No. 17, P. 1

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