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May 20, 2011 Obamacare: Another waiver for favored client
I'm starting to feel like a real chump. Will I be the only one who doesn't get a waiver from Obamacare requirements?
Daily Caller: The Daily Caller has learned that the Department of Health and Human Services (HHS) rate review rules, which it finalized on Thursday, exempt "Medigap" policy providers, like the American Association of Retired Persons (AARP), from oversight when such providers increase payment rates for their supplemental insurance plans. This is what eventually happens in banana republics; ordinary people become so cynical that the system is rigged against them that they stop producing and become government wards. The spirit of creativity and entrepreneurship dies while people do just enough to get by - figuring correctly that they won't be rewarded for extra effort so why bother? Eventually, a "if you can't beat 'em, join 'em" attitude takes over. In the end, it's not how good you are or how talented, but rather who you know and how juiced you are. Lots of juicing going on with Obamacare waivers. |
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