'Obamacare' Bends for Big Business… Again

In a bow to big business, the Obama administration announced late Tuesday that the ‘Obama Care’ employer mandate, which requires employers to offer healthcare or face fines, would be postponed until at least 2015.

The other provisions of the Affordable Care Act—or ‘Obamacare—are slated to go through as scheduled, the Obama administration says.

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The one-year delay of what Obama touted as a ‘key provision’ to his plan will apply to businesses that employ 50 or more full-time workers. The change was announced by the Treasury Department as a concession to big business after employer complaints over the rule’s complexity, it said.

Critics charge that this latest delay exposes an underlying truth: Obamacare has been a concession to big business all along, aimed at deepening the privatization of the U.S. health care industry that is responsible for the current crisis.

“The whole bill is built around the needs of the insurance and pharmaceutical industries,” Ida Hellander, director of health policy and programs for Physicians for a National Health Program, told Common Dreams. “The delay is just a symptom of this bill being too complicated and too burdensome for the many people who will be uninsured or under-insured under Obamacare.”