The Dec Page
CNBC has a flair for understatement AND slothfulness. They have just discovered a "quirk" in Obamcare that "could financially penalize workers and their families."
Webster's defines "quirk" as a "peculiar trait." I am not sure this qualifies:
This week revealed yet another delay in Obamacare. This one concerns out-of-pocket limit for plans set out in the law. Under this rule out-of-pocket costs may not exceed $6350 for individuals or $12700 for a family after January 1st. The law also provides that for individual plans and small groups under 50 (in Texas or under 100 depending on the state), the deductible is limited to $2000.
Wildfires can spread quickly and be devastating to both life and property, as we saw last month when 19 brave firefighters lost their lives in Arizona. Colorado has been plagued by multiple forest fires this summer, displacing thousands. The Bastrop wildfires in 2011 destroyed over 1,000 Texas homes.
I think we can safely categorize this under the things I am worried least about the Affordable Care Act: the fact that come January 1st, congressional staff will have to purchase health insurance through the federal exchange. Guess who is upset by this prospect? Congressional staff. From the New York Times:
After January 1st, when "community rating" kicks in for individuals and small groups under 50, claims will not be considered to determine health premiums. Only two factors will be allowed to change the premiums offered by a plan to individuals and small groups under 50 in the same geographic area: age and smoking status. The premium increase due to age will be limited to a 3 to 1 ratio.