Employers Offering ‘Skinny’ Coverage to Avoid High Obamacare Fines.

Check this out

Rivers of Hope

Image: Employers Offering 'Skinny' Coverage to Avoid High Obamacare Fines
Basics such as X-rays will not be covered under many U.S. employers’ minimal coverage health care plans.

By Sandy Fitzgerald

Some employers are avoiding Obamacare penalties by offering “skinny” insurance plans that provide workers with minimum coverage like preventive care but little else, including benefits to help cover hospitals stays.

The minimum coverage qualifies as acceptable under the new healthcare reform law, so benefit advisers and insurance brokers are pitching minimum plans nationally, reports the Wall Street Journal.

Employers who offer the plans are recognizing they can avoid a $2,000-per-worker penalty by doing so, even though the plans often don’t cover basics like surgery, X-rays or prenatal care, let alone hospitalization.

The employers could still face other penalties, but they expect them to cost less than the $2,000 per worker fine for opting out of Obamacare. As a result, the Journal reported, more companies are seeking minimum coverage…

View original post 196 more words

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s