| Author | Message | ||
     Ashton Side Hero Username: Ashton Post Number: 7582 Registered: 05-2008 Posted From: 66.90.104.94 Rating: N/A |
About a million workers will lose health coverage thanks to waivers the government gave them.... http://money.cnn.com/2010/10/07/news/economy/health_reform_w aivers_annual_limits/index.htm?section=money_latest&utm_sour ce=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmon ey_latest+%28Latest+News%29 NEW YORK (CNNMoney.com) -- Close to a million insured workers will lose out on a significant bump in insurance coverage promised by health reform next year. McDonald's, Jack in the Box and other companies won a one-year exemption from the government to raise the amount of insurance coverage after threatening to hike premiums or drop coverage for their employees completely. All told 30 companies received the waiver, affecting 968,765 enrollees. According to a government official familiar with the matter, companies affected by the law were threatening to drop coverage completely or raise employees' premiums by as much as 200% in order to comply with next year's deadline. |
