On the recordJuly 16, 2013
This week, the House will debate H.R. 2667, the Authority for Mandate Delay Act. This bill will delay enforcement of the ObamaCare mandate--employers with 50 full-time employees who do not offer government-approved coverage must pay a $2,000 fine annually for an employee. On July 2, the administration announced a delay. And while their authority to unilaterally change the law is questionable, the mandate remains a problem. Earlier today, an employer in Pennsylvania told me that in order to address compliance costs, the employer would opt to close 1 day a week. This is not rhetoric. In May of 2012, 71 Fortune 100 companies responded to a House Ways and Means survey. They estimated savings up to $28.6 billion in 2014 by eliminating coverage for their 5.9 million employees, paying the $2,000 annual fine. This would impact more than 10.2 million employees and dependents. It appears that the administration has begun to understand that the employer mandate provides a perverse incentive for companies to drop their employees from health plans that are otherwise working. I urge my colleagues to support H.R. 2667. ____________________
Source
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