Obamacare Penalties Delayed and Revised until 2016

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After delaying the entire employer mandate penalty to 1/1/2015, the Obama Admin just announced that they are making changes again:

  • Businesses Under 100 Employees:  No penalties will be assessed until 1/1/2016 for failure to offer affordable coverage.
  • Businesses Over 100 Employees:  Compliance requirement lowered for 2015 to 70% of eligible employees who work over 30 hours / week.  Down from 95%.  This goes back to 95% on 1/1/16.

Washington Post Article Here:  

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