Washington – Business Roundtable, representing CEOs of leading U.S. companies from every sector of the economy, today issued the following statement regarding the Obama Administration’s announced one-year delay of the employer health insurance mandate under the Affordable Care Act.

“America’s business leaders appreciate the Administration’s action to delay the implementation of reporting requirements and penalties for employers under the new health care law for one year,” said Gary W. Loveman, Chairman, CEO and President of Caesars Entertainment Corporation, and Chair of Business Roundtable’s Health and Retirement Committee. “With this temporary reprieve from a complex compliance regime, U.S. companies will have additional time to find workable solutions to these challenges while continuing to provide employees and their families with certainty and peace of mind about their employer-provided health insurance coverage.”

More information on Business Roundtable’s public policy positions on health and retirement can be found here.