The Side Effects of Delaying Obamacare – Bloomberg 07-02-13

Salient to Investors:

Evan Soltas writes:

  • The delay until 2015 of the enforcement of the employer mandate to provide insurance to employees  may create stress on the implementation of the individual insurance exchanges and the individual coverage mandate.
  • Employers should not sponsor insurance as it masks the true cost of care to employees and creates incentives for over-insurance, increases the cost of hiring, locks employees into their jobs, and splits the market for insurance into one for individuals and one for employers.

Gallup says 43 percent of the uninsured do not know they need to buy insurance.

Chris Flavelle says the decision boosts the odds that other groups will be able to win further changes to the law

Read the full article at  http://www.bloomberg.com/news/2013-07-02/the-side-effects-of-delaying-obamacare.html

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