Posted on 10/15/2013 9:01:37 AM PDT by Oldpuppymax
The shortcomings of ObamaCare continue to seep into the light, putting the lie to virtually every claim made by Barack Hussein about his namesake “healthcare” scheme. But one part of the law remains as much a mystery now as when it was written.
Section 1555 of the Affordable Care Act is quite short. It reads:
“No individual, company, business, nonprofit entity, or health insurance issuer offering group or individual health insurance coverage shall be required to participate in any Federal health insurance program created under this Act (or any amendments made by this Act), or in any Federal health insurance program expanded by this Act (or any such amendment), and there shall be no penalty or fine imposed...
(Excerpt) Read more at coachisright.com ...
I think the challenge for large companies that “self-insure” their employees and retirees, will be two fold.
First will be dealing with the potential of rising costs to deliver care. This is an unknown.
Second, will be their ability to grow and attract new/younger employees.
Depending on the size of the company and how geographically spread out they are, they may find it substantially more cost effective to use a network of “Private Doctors”.
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