The Unraveling Of ObamaCare

Posted on October 9, 2010

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Thirty companies and organizations get waivers from the new health care overhaul because otherwise they’d have to raise rates or drop coverage. The president said neither would happen. Hey, where’s our waiver?

When McDonald’s told federal regulators in a recent memo that it would be “economically prohibitive” for its insurance carrier to continue to cover its 30,000 hourly workers unless it received a waiver from the ObamaCare requirement that 80% of premiums for such minimed plans be spent on medical care, alarm bells went off in the White House.

Suddenly the “affordable health care for Americans” that House Speaker Nancy Pelosi spoke of when she passed a bill no one had read was revealed to be an unaffordable fraud that threatened to throw untold numbers of young workers into the ranks of the uninsured in an already precarious election year.

via The Unraveling Of ObamaCare – IBD – Investors.com.

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