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'Delayed: Obamacare’s Employer Mandate for Small Businesses'

4:27 PM, Feb 10, 2014 • By DANIEL HALPER
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CNBC reports:

The federal government Monday announced yet another delay in Obamacare's rules. It will now exempt companies employing between 50 and 100 full-time workers from complying with the mandate to offer employees affordable health insurance by another year, until 2016.

Companies that have 100 or more full-time workers, defined as employees who work more than 30 hours per week, will have to begin complying with the mandate to offer such coverage in 2015 or face financial penalties of up to $3,000 per worker.

Officials Thursday said that the delay in the Obamacare mandate will affect 50 percent of the businesses that were supposed to be complying by 2015. Those officials could not answer how many workers would be affected by the delay.

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