Are We Really Capping Health Care Costs If Waivers Are Handed Out?
by Andre Walker, Thu Oct 07, 2010 at 10:59:05 AM EDT
Nearly a million workers won't get a consumer protection in the U.S. health reform law meant to cap insurance costs because the government exempted their employers.
Thirty companies and organizations, including McDonald's (MCD) and Jack in the Box (JACK), won't be required to raise the minimum annual benefit included in low-cost health plans, which are often used to cover part-time or low-wage employees.
Armstrong, Drew (2010-10-7). McDonald's, 29 other firms get health care coverage waivers. USA Today. Retrieved on 2010-10-7.
Honest question: are we really capping health care costs if waivers are handed out exempting corporations from minimum levels of coverage?