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Obamacare Employer Mandate, "Shared Responsibility Payments" Delayed Until 2015

Tyler Durden's picture




 

How do you know the IRS' government's takeover of the US healthcare system will be a smashing success? It, or rather the mandatory reporting and "employer shared responsibility payments", were just delayed by one year. The sheer and utter chaos and vocal protests behind the scenes for the administration to agree to this unprecedented step (back) are palpable.

Just released by the US Treasury's Blog:

Continuing to Implement the ACA in a Careful, Thoughtful Manner

Over the past several months, the Administration has been engaging in a dialogue with businesses - many of which already provide health coverage for their workers - about the new employer and insurer reporting requirements under the Affordable Care Act (ACA).  We have heard concerns about the complexity of the requirements and the need for more time to implement them effectively.  We recognize that the vast majority of businesses that will need to do this reporting already provide health insurance to their workers, and we want to make sure it is easy for others to do so.  We have listened to your feedback.  And we are taking action. 

The Administration is announcing that it will provide an additional year before the ACA mandatory employer and insurer reporting requirements begin.  This is designed to meet two goals.  First, it will allow us to consider ways to simplify the new reporting requirements consistent with the law.  Second, it will provide time to adapt health coverage and reporting systems while employers are moving toward making health coverage affordable and accessible for their employees.  Within the next week, we will publish formal guidance describing this transition.  Just like the Administration’s effort to turn the initial 21-page application for health insurance into a three-page application, we are working hard to adapt and to be flexible about reporting requirements as we implement the law.

Here is some additional detail.  The ACA includes information reporting (under section 6055) by insurers, self-insuring employers, and other parties that provide health coverage.  It also requires information reporting (under section 6056) by certain employers with respect to the health coverage offered to their full-time employees.  We expect to publish proposed rules implementing these provisions this summer, after a dialogue with stakeholders - including those responsible employers that already provide their full-time work force with coverage far exceeding the minimum employer shared responsibility requirements - in an effort to minimize the reporting, consistent with effective implementation of the law.

Once these rules have been issued, the Administration will work with employers, insurers, and other reporting entities to strongly encourage them to voluntarily implement this information reporting in 2014, in preparation for the full application of the provisions in 2015.  Real-world testing of reporting systems in 2014 will contribute to a smoother transition to full implementation in 2015.

We recognize that this transition relief will make it impractical to determine which employers owe shared responsibility payments (under section 4980H) for 2014.  Accordingly, we are extending this transition relief to the employer shared responsibility payments.  These payments will not apply for 2014.  Any employer shared responsibility payments will not apply until 2015.

During this 2014 transition period, we strongly encourage employers to maintain or expand health coverage.  Also, our actions today do not affect employees’ access to the premium tax credits available under the ACA (nor any other provision of the ACA).?

Mark J. Mazur is the Assistant Secretary for Tax Policy at the U.S. Department of the Treasury.

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Tue, 07/02/2013 - 18:01 | 3715446 fonzannoon
fonzannoon's picture

Does this mean my premiums are not going down until 2015 now?

 

Tue, 07/02/2013 - 18:07 | 3715471 ghengis86
ghengis86's picture

The only thing going down is Obama's mouth on Mochelle's fat dick

Tue, 07/02/2013 - 18:20 | 3715531 StarTedStackin'
StarTedStackin''s picture

Forget about Reggie Love, did ya?

Tue, 07/02/2013 - 18:36 | 3715588 ACP
ACP's picture

No need to worry, if Hillary is elected in 2016, it'll be delayed until 2020.

If a Republican is elected it will be delayed until Jan 20, 2017.

All part of the "Blame Game Grand Plan."

 

Tue, 07/02/2013 - 18:40 | 3715609 Croesus
Croesus's picture

<- Freedom

<- MOAR DotGov Bullshit.

Tue, 07/02/2013 - 19:32 | 3715792 macholatte
macholatte's picture

 

The Administration is announcing that it will provide an additional year before the ACA mandatory employer and insurer reporting requirements begin.

 

Excuse me..... doesn't such an alteration require an act of Congress? 

MOAR DotGov Bullshit.

Tue, 07/02/2013 - 19:34 | 3715798 notbot
notbot's picture

Slimeball move. He knows its a trainwreck, but now midterms are unaffected.

And since when can a president unilaterally delay the implementation of a law?

Tue, 07/02/2013 - 19:48 | 3715849 Everybodys All ...
Everybodys All American's picture

The Marxist con man president is dictating.

Tue, 07/02/2013 - 20:01 | 3715893 NoDebt
NoDebt's picture

I've read most of the comments up and down this thread.  I don't think I've ever been more proud of my fellow ZH'ers.  Literally nothing I can add to the debate except, of course.....

Bread helmets for everyone.

Tue, 07/02/2013 - 20:12 | 3715942 TeamDepends
TeamDepends's picture

No taxation without representation!!!!

Tue, 07/02/2013 - 20:27 | 3715997 CrockettAlmanac.com
CrockettAlmanac.com's picture

No so called representation whatsoever. I can't speak for myself?

Tue, 07/02/2013 - 20:35 | 3716016 eatthebanksters
eatthebanksters's picture

Maybe we'll learn something from the Egyptians...

Tue, 07/02/2013 - 21:02 | 3716097 Freddie
Freddie's picture

The drooling idiots watching O-TV and O-Hollywood?   They will be lucky if they learn how to Walk Like an Egyptian.

https://www.youtube.com/watch?v=BWP-AsG5DRk

The National Felons League is only a few months away along with college ball.  Drolling O-TV morons.

Tue, 07/02/2013 - 20:37 | 3716024 mofreedom
mofreedom's picture

are you deaf dumb and blind...at least mr snowden will get a pain pill one day to ease his sufferings...may he rest in peace...but not before exposing this load of crap guv...we are ALL  who follows HIM in the new REVOLUTION.......AMEN!

Tue, 07/02/2013 - 21:48 | 3716248 A Nanny Moose
A Nanny Moose's picture

If you speak for yourself, what purpose will politician serve? Hey wait a minute...I c wut ya did thar!

Tue, 07/02/2013 - 20:54 | 3716067 seabiscuit
seabiscuit's picture

Mr Mocha,

According to the Restatement (fourth) of Sharts § 41, an act of Congress shall be new statutes created and/or crafted by a corporation, whereby adequate time will be given to Congress to unread them (not to exceed 48 hours), and subsequently voted into existence.

Most humbly,

sb

Tue, 07/02/2013 - 19:21 | 3715752 GOSPLAN HERO
GOSPLAN HERO's picture

U.S. President Frank Marshall Davis, Jr., is a fucking coward.

The commie fuck knows his "moar free shit healthcare" is a goat fuck. 

Obamulatto sucks.

 

Tue, 07/02/2013 - 22:17 | 3716386 Shad_ow
Shad_ow's picture

Excellent post.  Succinct and successful summation of the poser.

Tue, 07/02/2013 - 23:20 | 3716601 qualityhardware
qualityhardware's picture

Excellent post, sir. I am still chuckling.

Tue, 07/02/2013 - 23:02 | 3716551 SokPOTUS
SokPOTUS's picture

Meh.  Moochelle is just Reggie Love in drag...

Tue, 07/02/2013 - 18:47 | 3715624 candyman
candyman's picture

Does this asshole ever spend a day in the F'in office, working, what a mess. Community organizer- ha.

Tue, 07/02/2013 - 19:02 | 3715681 fockewulf190
fockewulf190's picture

Translation: The administration has listened to democratic lawmakers up for re-election in 2014 and we are acting now to protect their asses as much as possible.

Tue, 07/02/2013 - 19:12 | 3715714 GOSPLAN HERO
GOSPLAN HERO's picture

Spot on. 

Comradecare aka Obamacare is partially delayed until COMMIECRATS are re-elected in 2014.

Tue, 07/02/2013 - 19:13 | 3715720 vinoverde
vinoverde's picture

DING,, DING!! Winner!

 

 

Tue, 07/02/2013 - 20:34 | 3716013 NeedtoSecede
NeedtoSecede's picture

Bingo! We have a winner! Nice call F190!

What a goat fuck...

Tue, 07/02/2013 - 19:12 | 3715716 Spaceman Spiff
Spaceman Spiff's picture

http://www.whitehouse.gov/schedule

 

Check out some of his schedules from the past.   The answer is a resounding no.

Tue, 07/02/2013 - 23:04 | 3716554 SokPOTUS
SokPOTUS's picture

Hey - the Dude's never had a job before.  Cut him a break...

Tue, 07/02/2013 - 18:51 | 3715646 Not Too Important
Not Too Important's picture

Are you inferring Metzitzah b'peh?

"Following the circumcision, the mohel takes a sip of wine and quickly removes the blood from the penis through the wine, using his mouth. He then spits the mixture out."

http://www.huffingtonpost.com/lisa-braver-moss/metzitzah-bpeh-circumcisi...

Tue, 07/02/2013 - 19:14 | 3715724 lakecity55
lakecity55's picture

Chalkie doesn't spit it out. He swallows. Gallons of it.

Tue, 07/02/2013 - 21:01 | 3716092 Croesus
Croesus's picture

Now THAT's a job that sucks......

Tue, 07/02/2013 - 18:12 | 3715478 ebworthen
ebworthen's picture

Heh-heh.

No, only thing going down will be the % they cover; 80%, then 70%, then 60%, then...

Tue, 07/02/2013 - 19:50 | 3715852 machineh
machineh's picture

'Shared responsibility,' fuck that.

I didn't agree to any such thing.

And neither did anyone else I know.

Tue, 07/02/2013 - 20:38 | 3716026 eatthebanksters
eatthebanksters's picture

Where is John Galt?

Tue, 07/02/2013 - 21:42 | 3716222 Iam_Silverman
Iam_Silverman's picture

"Where is John Galt?"

<rhetorically>   Who?

Tue, 07/02/2013 - 18:14 | 3715498 nmewn
nmewn's picture

Oh thank you King O'Barry, most merciful.

May I bow and kiss your ring now?

Tue, 07/02/2013 - 18:21 | 3715534 onewayticket2
onewayticket2's picture

good.  it gives us more time to outsource more employees to get under the threshold.  Congrats India.

Tue, 07/02/2013 - 18:56 | 3715668 nmewn
nmewn's picture

Anybody seen this?

Glenn Greenwald- “I think what the Obama administration wants and has been trying to establish for almost five years now with the unprecedented war on whistle-blowers that it is waging is to make it so that everybody is petrified of coming forward with information about what our political officials are doing in the dark that is deceitful, illegal or corrupt. They don’t care about Edward Snowden at this point. He can no longer do anything that that he hasn’t already done… What they care about is making an extremely negative example out of him to intimidate future whistleblowers from coming forward because they’ll think they’re going to end up like him. That’s their objective.”

http://www.rawstory.com/rs/2013/07/02/glenn-greenwald-rips-obama-on-fox-friends-for-trying-to-intimidate-whistleblowers/

And this...his "roomates" laptop was stolen...

"There was report that a laptop of yours was stolen from your apartment I think you may have said that is that true do you have any idea who has a laptop.

No I -- talked to my partner about sending him encrypted files -- days later his laptop was stolen from our house we have no idea of -- -- -- anything but we just knows don't have nothing else was are you Leo and it's a scandal a lot more school due to do it now."

http://video.foxnews.com/v/2521219620001/glenn-greenwald-talks-breaking-nsa-story/?playlist_id=932064048001

Tue, 07/02/2013 - 20:40 | 3716033 eatthebanksters
eatthebanksters's picture

Right out of the 'Tyrants Rulebook'

Tue, 07/02/2013 - 18:17 | 3715514 seek
seek's picture

No, it means they figured out that this bastard child of fascism and communism is going to hit the working poor so hard that it will cost them the next election, even if the election is rigged in their favor.

I've talked to nearly a half-dozen single mothers in the past four months that were making ~20K/year. Every one of them was aware that O-care was going to fuck them over and their best-case scenario was paying the penalty without getting any care for it. Rest assured today's announcement is only one of many backpedaling moves ahead of 2016, and I'm pretty sure they'll push out the 2014 penalty taxes until 2017.

Tue, 07/02/2013 - 18:25 | 3715555 Meat Hammer
Meat Hammer's picture

Next election meaning the 2014 congressional

Tue, 07/02/2013 - 18:39 | 3715607 wee-weed up
wee-weed up's picture

Maybe our military will give Obama an ultimatum - like in Egypt.

Yeah, yeah, I know... Obama's filled all the high ranks with perfumed generals with no balls.

Tue, 07/02/2013 - 18:50 | 3715643 NotApplicable
NotApplicable's picture

Well, you sure are a lucky bastard.

I've always wanted my own military.

Tue, 07/02/2013 - 18:55 | 3715661 Not Too Important
Not Too Important's picture

Are you talking about the US military sent to assist the Muslim Brotherhood with riot contol?

http://www.kcentv.com/story/22647545/riot-control-training

Or the Russian military that Obama is bringing into the US for riot control here:

http://www.infowars.com/russian-forces-to-provide-security-at-us-events/

Remember the problem the Pentagon and DHS had finding enough active military and recruits that were willing to fire on unarmed civilians if ordered?

Problem solved, and they don't even need to bring their own 2 billion hollow points with them. It's all here waiting.

Tue, 07/02/2013 - 20:47 | 3716046 mofreedom
mofreedom's picture

dont take much to hedge against purfumed balls, just MAN SIZED BALLS...sometimes we wait for the enemy to come to us...which they inevetiably do.

Tue, 07/02/2013 - 21:22 | 3716157 Freddie
Freddie's picture

MIC has always been in control with the elites.  Filled with pu*sies like Petreaus.   Look at Jim Morrison's old man Admiral Morrison who witnessed LBJ's fake shit in the Gulf of Tonkin which then cost 55,000+ American boys lives.  Or MIC selling out the USS Liberty crew with Lydon Bagel Johnstein.

Our military and the cowardly Joint Chiefs?  LOL!  The Egyptian Army would help American citizens out before these pension chasing AHs cowards.  They also like all that skanky Lebanese spy poon with lovely IRish names.  These whores hang out the cheesy country club near McDill AFB in Tampa.  What cowards. 

Just like young (General) Douglas McArthur who fired on Bonus veterans from WW 1 asking for benefits. McArthur was assisted by young Ike and Patton.   I guess this is how they all made general.

http://www.worldwar1.com/dbc/bonusm.htm

Tue, 07/02/2013 - 18:36 | 3715594 Bob Sacamano
Bob Sacamano's picture

They pay the penalty and just go to the emergency room for all the care they need - a bargain.  Same as now except for the penalty part.  Repeal Obamacare.

Tue, 07/02/2013 - 19:58 | 3715881 machineh
machineh's picture

... and the simpering bitch with his oogabooga name on it.

Tue, 07/02/2013 - 18:22 | 3715542 asteroids
asteroids's picture

This is a political move. They don't want the  clusterfuck exposed before the 2014 mid-term elections. Obozo is a fucking coward.

Tue, 07/02/2013 - 19:44 | 3715847 twh99
twh99's picture

He may have delayed this in the hope of saving some Dem bacon.  However he may have just screwed Hillary in 2016.  Unless of course he tries to delay it again, but by then everyone will be in full panic mode.

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