Politico’s Jennifer Haberkorn has an interesting piece up today highlighting an unwelcome consequence of Obamacare: About a million part-time workers, restaurant employees, and retail workers will likely lose their current plan due to the new law. (Weren’t we told this type of thing was never, ever going to happen?)
Under the provision, insurance companies will no longer be able to apply broad annual caps on the amount of money they pay out on health policies. Employer groups say the ban could essentially wipe out a niche insurance market that many part-time workers and retail and restaurant employees have come to rely on.
This market’s limited-benefit plans, also called mini-med plans, are priced low because they can, among other things, restrict the number of covered doctor visits or impose a maximum on insurance payouts in a year. The plans are commonly offered by retail or restaurant companies to low-wage workers who cannot afford more expensive, comprehensive coverage.
Depending on how strictly the administration implements the provision, the ban could in effect outlaw the plans or make them so restrictive that insurance companies would raise rates to the point they become unaffordable.
One quibble: Midway through the piece, Haberkorn off-handedly notes that “polls show the legislation is supported by about half the public.” Huh? Rasmussen pegs support for repealing Obamacare at 63 percent. CNN’s latest survey finds opposition to O-Care outpacing support by a healthy 56-43 margin. If a political candidate were trounced in an election by 13 points, would Haberkorn describe his performance as garnering “about half” of the vote? Doubt it.





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