CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: The ancap way: Insurance providers threaten to leave markets, stop offering coverage Thu Oct 07, 2010 7:44 pm | |
| Feds Handing Out Waivers to Health Insurers
The Obama administration has issued a host of waivers in recent weeks, exempting insurers and companies from new health care rules after they threatened to drop coverage, abandon markets, and refuse to sell various policies. So far, they’ve doled out one-year waivers to about 30 companies to allow them to continue to cap benefits or offer limited benefit “mini-med” plans. The waivers affect roughly a million workers, the New York Times reports.
The waivers presage bigger fights to come; insurers are sure to resist rules concerning how much they can spend on care vs. administrative costs, and several are already complaining about rules requiring them to cover sick children.
ANCAPS: ANARCHO-CAPITALISTS |
|