Wednesday, February 02, 2011

ObamaCare Waivers Favor Unions - Who Knew?

Obama is returning the favor from the unions that gave him hundreds of millions of dollars for his elections - think the union retirement funds that are broke and how they got that way.

Don't you feel good about having to use your tax dollars to help out the unions that put Obama in office, using your hard earned money to make sure you don't prosper.

Now they want more of our tax dollars to refund the pension funds so they can use it again in 2012 to get Obama reelected.


Unions Get Good Deal under ObamaCare Waivers
Source: David Freddoso, "Unions make up 40 Percent of Employees Exempted from ObamaCare," Washington Examiner, January 27, 2011.

The Department of Health and Human Services announced last week it had granted more than 500 new waivers to ObamaCare's requirement that health plans have annual limits of no less than $750,000, reports the Washington Examiner.

The reason these exemptions from the law are needed is that ObamaCare forces all health insurance consumers to overinsure themselves and pay high premiums as a result.
Without the waivers, many companies, nonprofits and unions would simply drop their health plans.

As of 2014, the waivers will no longer be available.

It is worth noting that there are 166 union benefits funds now exempted from this requirement, which account for about 40 percent of the exempted workers, says the Examiner.

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