The Washington Examiner sat down with insurance experts to examine the health benefits Wal-Mart offers to all of its employees versus what those employees (if they were not offered benefits) would be eligible for on the HealthInsurance.gov website.
Employers will see around a 5% rate increase with their health insurance in the new year! What? Is that a premium change? Your premium will be unchanged until your next renewal. But, this new calendar year will bring new fees and taxes that are being shifter from carriers to employers and charged to employers directly. Thanks Obamacare!
Here is the latest ad hoc measure to stem the tide of bad news from the individual health insurance market. Health and Human Services announced yesterday that consumers with cancelled plans (ala Obamacare's new rules and regulations) would be eligible for a hardship waiver for 2014 and would be exempt from the individual mandate.
. . . and in other news, pigs are protesting the cleanliness of their own pigsties. This will make you smile a little. From POLITICO:
The prospects of a repeal or complete collapse of the Affordable Care Act are still less likely than they were in June 2012 (awaiting the Supreme Court decision) or November 2012 (the Presidential election). However, there is no doubt that there seems to be a growing sense (61% now disapprove of the heath care law) that maybe, just maybe, this law will not survive its full implementation. That is incredible in and of itself when you consider that just two months ago, the ACA seemed a forgone conclusion. Its political opponents could not even come up with a consistent opposition strategy (Delay? Repeal? Shutdown?).
The two money quotes from the President's press conference yesterday were:
"What we are also discovering is insurance is complicated to buy." Gee, do you think so? And this one,
“The Affordable Care Act is not going to be the reason why insurers have to cancel your plans.” There we have the main impetus for this policy, to deflect blame.