Thursday, October 07, 2010

Obama administration will issue insurance waivers, gutting reform

According to a Business Day article in the New York Times today (Oct. 7) by Reed Abelson, the Obama administration is issuing waivers to companies, especially those employing and insuring low-paid workers, from having to comply with minimum coverage requirements under the new health care reform law.

The administration fears that some insurers will disappear or drop out of certain markets or that some companies might drop insurance altogether. Conservatives may be able to argue that this marks the beginning of the unraveling of “Obamacare.”

Barbara Ehrenreich ("Nickeled and Dimed") is probably right. Low wage workers aren't necessarily faring better now than under Bush. But we have a world where not everyone pays his dues.

The link is here.

No comments: