Latest Obamacare Delay Is Probably Illegal

The Barack Obama administration recently announced that it is going to delay the Patient Protection and Affordable Care Act's employer mandate for medium-size companies and reduce the requirements for larger businesses. Again? What does it all mean?! Here's what you need to know:

-- This is mostly about "affordability" and compliance, not coverage. Employers with 50 to 99 employees are still covered by the mandate, but they get a year -- until 2016 -- to comply. Employers with more than 100 workers have to offer affordable insurance to only 70 percent of their workforce, instead of the 95 percent mandated for 2016. But according to the Kaiser Family Foundation, virtually all companies with more than 200 employees already offer insurance to their employees, as do somewhere from 85 percent to 90 percent of employers with 50 to 99 workers.