Small firms to get another year's relief from Obamacare


The government has announced yet another delay to a crucial part of Obamacare, saying that businesses with 50-99 full-time workers won't have to provide health insurance to their workers until 2016. Some larger firms will have to cover at least 70% of employees by 2015 and 95% a year later.

The original plan was for companies to offer coverage this year, but in July, that was delayed until 2015.

The latest announcement was in response to pressure from firms and came after some businesses cut employee working hours to below 30 hours a week in order to avoid having to provide insurance.

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