Obama Caves, Delays Obamacare As Momentum Fizzles; Customer Pool “Smaller And Sicker”
by Tyler Durden
ZeroHedge.com
12/20/2013
Late last night, with just 4 days left until the December 23 deadline to choose plans that will begin Jan. 1, Washington Post reported that the Obama administration finally caved and “significantly relaxed the rules of the federal health-care law for millions of consumers whose individual insurance policies have been canceled, saying they can buy bare-bones plans or entirely avoid a requirement that most Americans have health coverage.” The ability to get an exemption means that the administration is freeing these people from one of the central features of the law: a requirement that most Americans have health insurance as of Jan. 1 or risk a fine. The exemption gives them the choice of having no insurance or of buying skimpy “catastrophic” coverage.
The Rest…HERE
