(Via: CNNMoney.com) Mid-sized companies with the equivalent of 50 to 99 full-time employees will now have until 2016 to provide affordable coverage under Obamacare, a year later than expected, the administration announced Monday.
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And larger companies are getting a bit of a break too — they must offer insurance to only 70% of full-time workers in 2015, rather than 95%. The higher threshold will begin in 2016. Only 2% of the nation’s firms are considered mid-sized, with another 2% defined as large.
Continue reading on CNNMoney.com: “Obamacare employer mandate eased“