Employers are Not in Compliance
This is from a new Mercer study (summary):
- More than one-third of employer health plans may fail to meet the new government mandates for full-time employees.
- Almost half are not in compliance for part-time employees.
Whatever happened to the promise: “If you like the health plan you are in you can keep it.”
Ken, what do you think happened to it. Like every other promise we heard before the election, it was completely ignored.
Already happened in Massachusetts. This administration is so good at learning from past mistakes that I’m sure this was just a simple oversight.
Ken sez: “Whatever happened to the promise”
It’s still in effect. The law says that existing plans are grandfathered in. The law’s minimum requirements for health plans are far from generous. It would be interesting to know more of the details as to why 1/3 of the existing plans don’t qualify.
That reminds me of an old anecdote about Henry Ford, who supposedly once boasted about how his customers could have their cars in any color they wanted “so long as it’s black.”
The parallel from the Department of Health and Human Services is “if you like what you have, you can keep it… so long as we like what you have.”
I believe that by 2014, all plans must comply with what government wants. So long to my $6,000 deductible, low-premium plan.
I’m thinking that the punishment for noncompliance is a single-payer system.
The grandfathering promise has already been broken. Among other things, existing plans have to get rid of lifetime maximums and waiting periods over 90 days. Then there’s the slacker mandate.