August 13, 2013
Another Obamacare requirement is 'disappeared' by the administration
Like Chilean leftists under Allende, there have been several requirements of Obamacare that have been "disappeared" by the administration. The employer mandate has been delayed a year - at least. There have been other requirements of the law that are technically impossible to fulfill at this time.
And now we have another biggie - the unilateral removal of limits on yearly out of pocket health care costs that insurance companies could charge individuals and families.
The Hill:
The Obama administration has delayed a key provision in President Obama's healthcare reform law that would limit out-of-pocket insurance costs for consumers until 2015.
The cap, which includes deductibles and co-payments, was supposed to limit consumer costs to $6,350 for an individual and $12,700 for a family. But administration officials have quietly delayed the requirement for some insurers, allowing them to set their own limits starting in 2014.
The delay has been outlined on the Labor...(Read Full Post)