Congress Passes Rare Bipartisan Amendment to Obamacare

CongressThere is not a lot that Democrats and Republicans can agree on with respect to Obamacare, but on April 1, 2014 the President signed into law a Medicare bill which had a provision tucked inside that will bring some important changes to the small employer insurance market. The problem that needed fixing was that Obamacare originally capped deductibles to $2,000 for individuals and $4,000 for families. Any plan in the small group or individual market with higher deductibles would be illegal. 

The Department of Health and Human Services issued a waiver for 2014, because a whopping 96% of the plans in the bronze tier (the lowest tier) exceeded those caps. This fix will do away with those caps permanently.

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About HR Headaches
HR Headaches is a blog for Human Resources professionals, business owners, and in-house counsel to get the latest news, analysis and tips in the area of labor and employment law. Every day there are new court decisions, agency interpretations, and regulations which affect the workplace, making it difficult, if not impossible, for many employers to keep current. HR Headaches is dedicated to providing information in a practical, no-nonsense manner to help employers avoid legal disputes and keep policies up to date.
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