Health insurance major requirement delayed by Obama

health insurance news care reform

The president has unexpectedly announced a delay to the law requiring many businesses to offer coverage. President Obama shocked the nation with an announcement that was made in a significant concession to business groups, as the administration allowed for a delay in one of the central health insurance components of the healthcare law. This change was to a deadline for one of the components at the heart of the healthcare reform law. Now, many businesses that would have been required to offer health insurance to their employees as of January…

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Health insurance exchange requirement delayed indefinitely

health insurance exchanges

The regulation for employers to notify their workers in writing by March 1 has been put on hold. Federal regulators have just announced that there will be an indefinite delay to the part of the healthcare law that would have required employers to provide a written notification to their workers by March 1, which would inform them of the availability of the health insurance exchanges in their states. The regulation has been delayed until a time that they will “become applicable”. The Department of Health and Human Services, of Labor,…

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