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The Obama administration announced it will not require employers to provide health insurance for their workers.
Until 25 team.
The move delays a key provision in the Health Care Reform by a year.
The administration said it was responding to concerns.
About the reporting requirements for employers -- more than fifty workers who are subject to the employer mandate.
The White House that well yeah.
You bid in a dialogue with businesses and we think we can simplify the new reporting.
We want to give businesses who want to provide health insurance the time to get this right.
Think it was the right -- It turns out that there are a lot of categories of employment.
And different firms treat.
Differently in terms of how they classify them how they pay them and so on all of this has to be worked out.
-- -- administration is not ready to set out reasonable rules.
The administration had already delayed insurance offerings for small businesses that were to be made available through new online exchanges.
A recent report by the GAO also called into question whether new insurance marketplaces for millions of individuals would meet in October deadline for open enrollment a senior administration official said the government was fully prepared to open -- new insurance exchanges for individuals in October.
That's it for this edition of the Fox Business small business report I'm Peter Barnes and Washington.
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