Obamacare Waiver Count

Helen Whalen Cohen
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Posted: Feb 02, 2011 3:47 PM
...reaches 733.  The Wall Street Journal reports:

Government figures show that 733 applicants, mainly employers and union-affiliated insurers, received an exemption from a requirement that puts their plans on the hook for up to $750,000 in eligible medical bills for each covered worker this year. Most of those plans now have reimbursement limits that are a fraction of that amount.

The concern is that without such waivers, employers could raise premiums so high it would be unaffordable for workers, or they would simply drop coverage altogether.