The New York Times points out some classic Obamacare flaws.
- One business that was forced to offer what the Government deems affordable health insurance to 600 employees had only two employees sign up.
- The employer mandate has predictably made no noticeable effect on the number of workers enrolled in employer-sponsored health plans but added tens of thousands in employer costs for compliance and reporting.
- And this classic:
Until this year, most insurers would not cover groups that fell short of their minimum participation requirements. The Affordable Care Act struck down that policy — a sea change for the industry — by prohibiting minimum participation rules from being used to deny coverage to any employer with 100 or more workers. But there is a big loophole: Insurers are required to issue the policies, but they are not required to renew them.Mario K. Castillo, a lawyer in Houston who has extensively studied the new law, said it was poorly understood in the industry, and a bureaucratic nightmare.“They have to issue you a policy, but dropping it after one year is perfectly legal,” he said. “If you’re in this space, you essentially have to shop for insurance every year.”
