Insurers Threaten Dropping Health Coverage; Waivers Issued

Well, we all knew this tactic would be tried. The disappointment is the Obama Administration’s acquiesce to these corporate threats.

Insurers, don’t want to sell health coverage? DON’T! Get out of the business.

Businesses, no longer want the “burden” of ensuring and insuring the health of the employees who create your wealth? DON’T. Abandon your staff.

THIS SITUATION was predicted and is the very core of the reason why so many of us fought strongly for a “Public Option.” Who blocked it? republicans and conservative Democrats.

If irresponsible and temper-tantrum driven businesses want out of health provision, get out so that the cure can be properly instituted… A Single-Payer Public Option.

Businesses are essential and the builders of wealth and opportunity, but they are good at and focused on only one objective: profit generation (shareholder value). Fine. Let’s acknowledge and appreciate that strength and as a society implement our own programs together (Remember that group initiative? It’s called your democratically elected government. Take it back from corporate interests).

U.S. Waives New Health Care Rules

Health insurers and various companies are throwing a hissy fit about the first series of new health care rules, threatening to “abandon markets, drop out of the business altogether or refuse to sell certain policies,” reports The New York Times. In response, the Obama administration has issued one-year waivers that give grumpy companies a get-out-of-jail-free card while the rules are phased in. In some cases, government officials have had to offer waivers simply to keep basic existing coverage in place. The administration has distributed 30 waivers in recent weeks to companies like McDonalds, who grumbled at the prospect of abolishing annual limits on its workers’ meagre coverage plans. Insurers Aetna and Cigna also received waivers after complaining that they are being forced to cover too many seriously ill children. White House officials have said the waivers are intended to ease the transition. “It is a balancing act,” said the director of the Office of Health Reform. “The president wants to have a smooth glide path to 2014.”

Read original story in The New York Times | Thursday, Oct. 7, 2010


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