Thursday, July 11, 2013

Laundry List of the Gutting

Handy list of Obamacare's current failures and postponements from the folks at InsureBlog: 
  • 1099 provisions repealed
  • CLASS Act repealed
  • FBHPO BASIC plan delayed until 2015
  • Co-op plans de-funded
  • PCIP terminated early due to lack of funds
  • SHOP multi-choice options delayed until 2015
  • Waivers . . . . (the list is endless)
  • Cadillac tax delayed until 2018
  • Contraception mandate delayed (legal battles)
  • Early retiree reinsurance plan ran out of money in 2011
  • Employee free choice vouchers repealed April 2011
  • Clawbacks altered when 1099 provision eliminated $22 billion in new taxes
  • MAGI (used to determine subsidies) redefined to include SS benefits
  • Medicare Advantage cuts rolled back (March, 2013)
  • W-2 reporting delayed until 2013
  • Automatic enrollment of groups (200+ lives) delayed until 2015
  • Employer notices regarding exchange eligibility delayed
  • Employer penalties delayed
  • Income verification for subsidies delayed
  • Employer insurance coverage delayed
  • Postponed tobacco surcharge due to issues with exchange system
With all this gutting is there a reason to continue this fiasco?