The Obama administration's decision to delay implementation of the employer mandate of the Patient Protection Affordable Care Act until 2015 unleashed a new round of criticism from conservative lawmakers but was welcomed by some of the biggest names in benefits and insurance.

House Energy and Commerce Committee Chairman Fred Upton, R-Mich., said "the administration's sudden turnabout is a clear admission that its signature law is bad for business and bad for jobs. This law will never be ready for prime time and sadly, the administration's acknowledgement that it still needs yet another year clearly disrupts everyone's ability to determine what is best for them and their business."

Brokers said this delay will have consequences for the private marketplace.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.

Core and Group Health
Broker Regulation
Employer-Paid