Saturday, June 18, 2011
The New York Times reports that the Obama administration is ending its controversial program for granting waivers from a requirement of the Patient Protection and Affordable Care Act. The Act requires health care plans to provide at least $750,000 of annual coverage this year and higher minimum levels in 2012 and 2013. Starting in 2014, annual coverage limits will be eliminated.
More than 1,000 health care plans have been exempted from the $750,000 minimum, but no more applications for a waiver will be granted after September 22.