It's only 21 pages! Simple no? This is only the beginning. Check out the portion of the application that the employer has to complete.
In January, we questioned whether the ACA would force insurance carriers to eliminate their "participation rate" requirements. These are rules that carriers have put in place to guard against adverse selection (i.e., what happens when only the sick people sign up for the health insurance).
The concept of ‘affordable health care’ for everyone sounds good in theory, but in reality it will mean premiums go up for everyone. New requirements on insurers according to the Affordable Care Act will result in insurance pools that are ‘smaller and sicker, and therefore more expensive.’
Here's the complete Matthews and Litow breakdown from the Wall Street Journal:
By popular demand, we are making our "Glorious Revolutionary Health Care Refom Timeline" available online!
The spectacle of President Obama, Speaker Nancy Pelosi, and their fellow Democrats taking the American health care system over the “precipice of health care reform” (to use the President’s phrase) has been something to behold. I am sure watching the RMS Titanic clip the iceberg from the ship’s bow was a similar sort of “spectacle.”