“Obamacare is driving up premiums, forcing businesses to cut workers’ jobs or hours and requiring some families to switch health insurance plans,” said Coats. “The best shot at repealing this devastating law is to delay it and allow the American people to decide Obamacare’s fate in the 2014 election.”
The Obama administration announced this summer that it will delay penalties for employers who do not provide health insurance coverage to workers, but penalties on individuals not purchasing insurance would still apply.
In July, the House of Representatives passed legislation offered by Rep. Todd Young (R-Ind.) that officially delays these two mandates. Coats’ legislation mirrors the House-passed bill.
“Congressman Young and I agree that rather than delay a bad policy for some, all Hoosier families should be exempted from Obamacare’s taxes and mandates,” said Coats.
“Individual Hoosiers and their families should be proud of the work of Senator Coats to introduce this legislation,” said Young. “It is clear that Obamacare is not ready for prime time, and the White House admitted as much when they delayed the new taxes and mandates on big business. The Coats bill would codify that delay, and extend the same mandate delay and tax relief to individuals and families--just as the House did when they passed my Fairness for American Families Act in July."
The Coats legislation is co-sponsored by Senators Mitch McConnell (R-Ky.), Lamar Alexander (R-Tenn.), John Boozman (R-Ark.), Tom Coburn (R-Okla.), Jeff Flake (R-Ariz.), Mike Johanns (R-Neb.), Roy Blunt (R-Mo.), Johnny Isakson (R-Ga.) and Kelly Ayotte (R-N.H.).
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