SOURCE: Retail Industry Leaders Association (RILA)
ARLINGTON, VA--(Marketwire - June 28, 2012) - The Retail Industry Leaders Association (RILA) issued the following statement in response to today's ruling from the Supreme Court of the United States upholding the individual-mandate within the Affordable Care Act.
"With the Supreme Court decision now behind us, the focus must turn to the employer-mandate and the effect that impending changes to employer-sponsored coverage will have on the nearly 170 million Americans who receive healthcare through their employer," said RILA President Sandy Kennedy.
"President Obama repeatedly assured Americans that if they liked their health insurance, they could keep it. However, today, with just 17 months until the law takes effect, and no meaningful implementation guidelines available for employers, those assurances are in doubt.
"While retailers are committed to continuing to provide health coverage to their employees, overregulation jeopardizes their ability to do so.
"RILA continues to urge the Administration to protect retailers' ability to offer quality, affordable coverage that fits the unique needs of their workforce and not to undermine the flexible, voluntary system that provides coverage to millions of employees and their families."
RILA is the trade association of the world's largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad. RILA members offer quality and affordable healthcare to employees and their families and are leaders in benefits design by customizing plans to meet their workforces' specific needs.