One thing crossed my mind this morning. These folks being impacted now are ones with individual policies, i.e. those that don’t have policies through employers. This issue has come to light due to the “Individual Mandate” in place for this year. Are we going to see something similar, but on steroids next year when the “Employer Mandate” is enforced and all of those policies are required to meet O’s minimum standards?
Short answer, yes.
Yes you are correct in your assumption that the one year delay to large employers pushed the bad news for most Americans out one more year.
Excellent point!
“One thing crossed my mind this morning. These folks being impacted now are ones with individual policies, i.e. those that dont have policies through employers. This issue has come to light due to the Individual Mandate in place for this year. Are we going to see something similar, but on steroids next year when the Employer Mandate is enforced and all of those policies are required to meet Os minimum standards?..”
You better believe it and I’m just waiting until next year to see what my company does. Keep our insurer as-is but with increased deductions for each employee’s plan or simply drop the insurance and give each employee a cash payout to go purchase on their own. I’d personally prefer that latter-pocket it and pay the fine at the end of the year.
I don’t know if it will be economically viable to work in a year’s time if the prices jump a whole lot.