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Health Care Reform
Healthcare will affect just about every employer in the United States

Fortune Business Solutions maintains itself as being on the leading edge with the latest in Healthcare Reform news. Please find the most recent information below and call us today with any questions you have as to how Healthcare Reform will affect your business.

Businesses react to health care act delay
Tim Mullaney, USA TODAY 9:24 p.m. EDT July 2, 2013

Businesses reacted with relief to the Obama administration's decision to give large and midsize employers until 2015 to provide health care coverage for their workers or face fines.

Before the administration's announcement Tuesday, businesses with 50 or more employees had to provide affordable coverage to their full-time employees starting Jan. 1 or risk a series of penalties if even one worker ended up getting government-subsidized insurance.

Reaction marked a divide between representatives of big business, who mostly provide insurance already and were focused on complying with complex new reporting rules, and representatives of small business who said they need much bigger changes.

"This is a wise decision," says Bill Kramer, executive director for national health policy for the Pacific Business Group on Health. It represents national employers in all 50 states, including General Electric and Wal-Mart.

The delay may also calm the nerves of small business people, who have been reluctant to expand because of the new mandate, said Mark Cerminaro, senior vice president of small-business lending company RapidAdvance.

Since the economy is expected to be growing faster by late 2014, the delay will let small-company owners buy insurance or pay the penalties without worrying as much about how it will affect their businesses, he said.

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