Wednesday, July 31, 2013

'Obamacare' mandate delay will cost $12 billion, affect 1 million workers

'Obamacare' mandate delay will cost $12 billion, affect 1 million workers-reuters: President Barack Obama's decision to delay implementation of part of his healthcare reform law will cost $12 billion and leave a million fewer Americans with employer-sponsored health insurance in 2014, congressional researchers said Tuesday. The report by the non-partisan Congressional Budget Office is the first authoritative estimate of the human and fiscal cost from the administration's unexpected one-year delay announced July 2 of the employer mandate - a requirement for larger businesses to provide health coverage for their workers or pay a penalty