General Category > General Questions
obamacare
rdmoore2003:
I hope I am understanding this correctly.....I read that obamacare that was to become effective in October 2013 has been postponed for 1 year! Is this correct???
RichardP:
There are many different parts to the ACA (Obamacare). Only one part has been postponed for a year. The first link is short and to the point. The second link explores the implications of the delay.
http://www.hhcpa.com/blogs/income-tax-accountants-cpa/key-provision-of-the-affordable-care-act-obamacare-postponed-until-2015
http://www.forbes.com/sites/theapothecary/2013/07/08/did-they-postpone-the-individual-mandate-also/
PMRNC:
Only the employer mandate has been postponed. The date for full compliance is still 1/1/2014 for the individual mandate. The state exchanges are supposed to be setup by 10/1/2013. I predict we will see a delay. The carriers are dropping out of the exchanges like flies.
RichardP:
--- Quote from: PMRNC on July 23, 2013, 06:12:41 PM ---The date for full compliance is still 1/1/2014 for the individual mandate.
--- End quote ---
But because of the part that has been postponed, it will be impossible to track whether individuals are in compliance - which will effectively pospone the individual mandate as well. That is explained more fully in the second link I posted.
In view of the information released by Edward Snowden re. government collecting all online communications, it shivers my timbers to see the reason why the employer mandate has been postponed - again, laid out in more detail in the second link. I don't think Patrick Henry was aiming to create this type of government when he laid out his position - give me liberty or give me death.
PMRNC:
I should have said it wasn't the employer mandate that was delayed but the "REPORTING" was delayed. As for the individual mandate, I can't see how they can move forward with all this confusion and resistance with many of the states, however, POTUS has said he would veto any bill to delay. Surely he has the best interests of our country in mind? LOL
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