Why repeal the new health care law? Just get a waiver so you don’t have to comply.
When companies are required to pony up money for the new health care reform law that is going to give everyone in the country insurance, guess what happens. The companies balk.
Multiple companies have applied for and received waivers so they don’t have to change the “insurance” they provide to their employees. By threatening to raise health care premiums by 200 percent or threatening to drop coverage altogether, the companies got the Department of Health and Human Services to cave. Now the companies have our government’s blessing to continue offering “insurance” to their employees that is capped at a few thousand dollars per year instead of the $750,000 required in the health care law.
Guess who got the waivers.
Among others, there were these little known companies named McDonalds, Aetna and Cigna. The United Federation of Teachers’ Welfare fund was in there, too. According to the Sun-Times article, there are still 114 companies whose waiver requests haven’t been reviewed.
McDonalds is perfectly content to provide its workers with McNugget insurance where workers pay $727 per year for coverage that has limits of $2000 per year. One visit to the emergency department and their coverage is gone for the year. But who can blame McDonalds? The chain only had sales of $22.7 billion last year and its profits were a paltry $4.5 billion.
Poor Cigna’s profit increased 346% from 2008-2009. I don’t know how they stay in business.
We should just become stewards to those companies less fortunate than us and provide medical care oops, medical insurance to all these company employees … free of charge.
It’s just the right thing to do.
For a list of all the companies too destitute to comply with the new health insurance law, take a look at the Department of Health and Human Services web site.