Monday, October 06, 2014

Obamacare Comes Up Short

President AWOL's plan for a Great Society has come up short. The wildly unpopular plan is
constantly exposing more flaws. Some of them by design, others because Congress failed to read the bill before they passed it.
(eHealthinsurance) found that 70 percent of the short-term medical buyers considered buying major medical coverage, and that 41 percent actually tried to apply for major medical coverage.
Only 38 percent of the consumers who considered both major medical and short-term health said they bought short-term health to hold down monthly premiums. 
Many more -- 57 percent -- said they were unable to get major medical because they were unable to qualify for a special enrollment period (SEP).
STM (short term medical) does not meet the government minimum standards for coverage and may result in a non-compliance penalty.
Damned if you do. Damned if you don't.

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