Anybody else see this coming? OK, fine, neither did I, but I gotta say my surprise didn't take long to fade, either.

After months of preparation, speculation and resignation, the Obama Administration — or more specifically, Treasury — backed off the employer mandate, essentially giving mid-to-large employers a year-long reprieve.

So, yeah, what an obsessed House, clueless voters and nine Supreme Court justices couldn't do, the administration did itself, veering away from the cliff we've all been barreling toward for months now. (Which oddly makes me think of Thelma and Louise, and how much worse the ending would've been if they'd just pulled over.)

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.