How is healthcare reform coming along?
Original post made by Concerned, Another Pleasanton neighborhood, on Jun 8, 2011
"A report by McKinsey & Co. has found that 30% of employers are likely to stop offering workers health insurance after the bulk of the Obama administration's health overhaul takes effect in 2014.
The findings come as a growing number of employers are seeking waivers from an early provision in the overhaul that requires them to enrich their benefits this year. At the end of April, the administration had granted 1,372 employers, unions and insurance companies one-year exemptions from the law's requirement that they not cap annual benefit payouts below $750,000 per person a year."
I would love to hear the defense of Obamacare now. This is what we get when we pass a law that doesn't go to the heart of the matter and deal with the industry issues that are driving up healthcare costs and therefore making it unaffordable by many.
But if the ultimate goal was to use this law as a path towards government sponsored universal care, then it can be deemed as a success so far. The only problem with this is we are out of money and won't be able to follow-through on the commitment.