Last Friday afternoon, the Administration announced that it will only entertain applications for waivers from Obamacare strictures until late September. Over 1,400 companies and unions have received waivers so far, so that they could continue to offer health insurance plans to employees that provide some coverage but would not meet the more generous requirements of incoming Obamacare rules.
It is an interesting move, as it could mean that in the year or so leading up to the 2012 election, more and more Americans could be losing their health care coverage as a result of Obamacare. Hopefully, the rest of us will still be able to afford any health care insurance at all, given the increasing costs for policies with ever higher deductibles as companies raise premiums to cover the costs of more benefits required by Obamacare.
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Administration to Put End to Waivers
Last Friday afternoon, the Administration announced that it will only entertain applications for waivers from Obamacare strictures until late September. Over 1,400 companies and unions have received waivers so far, so that they could continue to offer health insurance plans to employees that provide some coverage but would not meet the more generous requirements of incoming Obamacare rules.
It is an interesting move, as it could mean that in the year or so leading up to the 2012 election, more and more Americans could be losing their health care coverage as a result of Obamacare. Hopefully, the rest of us will still be able to afford any health care insurance at all, given the increasing costs for policies with ever higher deductibles as companies raise premiums to cover the costs of more benefits required by Obamacare.
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on June 20, 2011 at 1:01 pm Leave a CommentThe URI to TrackBack this entry is: https://freemarketcarnivore.org/2011/06/20/administration-to-put-end-to-waivers/trackback/
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