Fix

Stripped Down Plans without Any Hospital Benefits?  “Not so fast my friend!”

In last week’s Did You Know Series on Obamacare we pointed out a major glitch or loophole in the healthcare law that actually may allow large employers to avoid health-law penalties by offering stripped down plans that have no hospitalization coverage. Well, in the words of colorful former college football coach and current ESPN College Game Day host Lee Corso “Not so fast my friend!”

STOP

While there’s no official word yet, it sure sounds like this loophole was a screw up, is now on the administration’s radar screen and is likely to be fixed soon. We’ll continue to keep you posted on developments as they unfold. For more about this, here’s the link to a recent article on this topic from Kaiser health News that also appeared in The Washington Post.

Repair, Not Repeal.

That is the conundrum now over Obamacare, or the Affordable Care Act (ACA). It appears Americans are coalescing around the idea of fixing or repairing the unpopular parts of ACA rather than repealing it. So far, the law has been rolled out with the following popular and unpopular components:

Popular

  • children stay on parents plans to age 26
  • elimination of pre-existing condition clauses
  • guarantee issue for individual policies
  • free “wellness” programs
  • subsidies based on income

Unpopular

  • individual mandate
  • emerging “narrow networks” trend
  • employer taxes (still largely unknown to the population at large)

So does repair mean…

  • richer subsidies?
  • elimination of the individual AND employer mandate?
  • regulation of carriers to offer more robust choices?
  • elimination of employer taxes?
  • repeal of the “cadillac” tax?

Reading the law and seeing how the financing of it is projected, it seems more unpopular items need to be implemented. The law’s taxes, mandates and medicare cost reductions will not be popular, but are essential. If you see another way of stabilizing this law over the long run, please let me know. Perhaps a single payer system? Maybe Google will come to the rescue.

To read more on this topic, Americans want to Fix, Not Repeal Obamacare, or Politifact’s Truth-o-Meter on Which is more unpopular: Obamacare or repealing Obamacare?

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