ObamaCare’s ‘Fix’ and It’s Ripple Effect for 2016 and Beyond
"The administrative fix, first announced by President Obama in November, was a way to subdue public outcry from the six million and counting Americans who had their plans cancelled for failing to meet new requirements mandated by the Affordable Care Act. The law requires all health plans include 10 essential health benefits, including mental health services and ambulatory care. The newly-extended fix, which runs through Oct. 1, 2016, continues to be at the discretion of both state regulators and insurance companies."
Add Comment
All Comments Hide marked as read Mark all as read
- 1Posted by CircuitGuy 11 years, 1 month agoThis all comes down to people wanting something for nothing. People want insurance companies to pay for medical care, even people who are already sick when they sign up. They want more things covered too. Then they're shocked that this actually costs more. So they're going to let healthy people keep paying their old contracts that were based on spreading the risk only among people who are healthy at the time. That won't work, though, because someone has to pay for those people who are already sick. It's just moving quarters around on a desk trying to make more money.| Mark as read | Best of... | Permalink
