The Unraveling Of ObamaCare
Thirty companies and organizations get waivers from the new health care overhaul because otherwise they’d have to raise rates or drop coverage. The president said neither would happen. Hey, where’s our waiver?
When McDonald’s told federal regulators in a recent memo that it would be “economically prohibitive” for its insurance carrier to continue to cover its 30,000 hourly workers unless it received a waiver from the ObamaCare requirement that 80% of premiums for such minimed plans be spent on medical care, alarm bells went off in the White House.
Suddenly the “affordable health care for Americans” that House Speaker Nancy Pelosi spoke of when she passed a bill no one had read was revealed to be an unaffordable fraud that threatened to throw untold numbers of young workers into the ranks of the uninsured in an already precarious election year.
So now McDonald’s has its waiver, for 115,000 workers, not just 30,000. Jack in the Box also has a waiver, as do 28 other companies and organizations. The largest waiver, for 351,000 people, is for, appropriately enough, a union — specifically the United Federation of Teachers Welfare Fund, a New York brotherhood that covers teachers.
(Read more from investors.com)
Lawsuits over health care law heat up
Matt Sissel of Iowa City proudly served in Iraq as a combat medic. But he objects to being “conscripted” into an overhauled federal health care system.
The uninsured artist is riled about a provision in the new health law that would require him to purchase insurance or pay a penalty starting in 2014. Last July, he filed a lawsuit to have the landmark act declared unconstitutional. “I don’t want the federal government dictating my personal financial decisions,” says Sissel, 29. “It can’t even run its own budget.”
In attacking the law in the courts, Sissel has plenty of company. A number of interest groups, state officials and ordinary citizens are seeking to have the health care law struck down in federal court, and action is heating up: (Read more from usatoday.com)