The Obama administration’s decision to delay a key part of the health care reform law is a small victory for businesses, but it proves the law is unworkable, U.S. Rep. Tom Cole said last week.
The administration recently announced it would postpone for one year a requirement that medium and large companies must provide health insurance for their workers or face fines. Treasury Department officials have said the delay is intended to simplify data reporting requirements and give businesses more time to provide coverage.
Cole said the announcement gives businesses some breathing room, but it doesn’t change the fact that the law won’t work.
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