Forum Post: Another Obamacare Gift to Big Business – Key Obamacare provision delayed until 2015

(Just last month it was announced that Obama had signed off on a provision that allowed Big Business to hold off on having to provide employees with healthcare till 2015. Obamacare goes into effect Jan. 1st 2014 unconstitutionally mandating citizens to purchase private healthcare insurance. A short while ago it was announced that congress and their staff wouldn’t have to buy into Obamacare because it would be too expensive for them. Today, Obama’s trifecta of fascism is complete. He has announced that Big Insurance won’t have to set limits on what consumers have to pay out of pocket for healthcare. There’s literally no limit on how little the mandated coverage will actually pay of someone’s medical expenses. So Big Business is exempt, Big Guberment and their staff are exempt, Big Insurance gets to load people up with policies that cover next to nothing, and everybody else gets screwed. What a blessing Obamacare is, huh?)

from RT

Hidden in a maze of legal jargon is another key provision of Obamacare: the administration has delayed a consumer protection law that sets limits on the costs of health care, giving some insurers the option to raise prices until 2015.

The consumer protection law was created to limit out-of-pocket healthcare costs, such as co-pays and deductibles, to $6,350 for an individual and $12,700 for a family – but under the long-unnoticed provision, these limits will be delayed for one year.

The year-long grace period will allow certain insurance companies to set higher limits or no limits on the cost of health care when the Affordable Care Act goes into effect in 2014. With no limits, American consumers might be required to pay $6,350 a year for doctor and hospital care, as well as an extra $6,350 for a prescription drug plan – and for some, these costs might be even higher.

Federal officials confirmed the one year delay in implementing the consumer protection law to the New York Times, explaining that it is necessary to give certain insurers and employers more time to comply with President Barack Obama’s hallmark health care legislation, since many of them use multiple companies to provide medical care and benefits. Sometimes, these companies cannot communicate with one another through their computer systems, thus making it difficult to coordinate to come up with a combined out-of-pocket limit.

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