In a tacit acknowledgement that Obamacare doesn’t work, the Obama administration has issued dozens of waivers exempting “mini-med” health insurers from Obamacare’s rules:
White House Press Secretary Robert Gibbs on Oct. 7, 2010, defended the administration’s decision to grant 30 businesses waivers from the Patient Protection and Affordable Care Act’s minimum annual limits. Waivers were granted to several employers and insurers, including BCS Insurance, which insures workers at McDonald’s.
But the waivers are just temporary, and will no longer be available come 2014. At that point, all those people will lose their insurance.
I first noted the mini-med problem here.
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