The recent federal court ruling saying the federal health reform law is unconstitutional should encourage the Obama Administration to suspend enforcement the new IRS 1099 reporting requirement for businesses included in the law.

President Barack Obama said he would consider congressional suggestions to “improve” the health reform law passed last year, which he said is preventing health insurers from “exploiting patients.”

The U.S. Senate fell six votes short today (Nov. 30) in its bid to repeal the federal health reform law’s provision requiring businesses to report on 1099 tax forms anyone to whom they pay $600 or more in a year.

While Republicans are pushing for a full repeal of the federal health reform law, U.S. Sen. Robert Menendez, a New Jersey Democrat, expects Congress to kill one provision.