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Heartland Institute Experts Comment on Delay of Obamacare’s Out-of-Pocket Cost Limits
Date:8/13/2013

Chicago,IL (PRWEB) August 13, 2013

The Obama administration has delayed until 2015 the limits on out-of-pocket costs under the Affordable Care Act, commonly known as Obamacare. Under the law, out-of-pocket costs were not supposed to exceed $6,350 annually for an individual or $12,700 a year for a family. The delay was outlined on the Department of Labor’s Web site since February, but went unreported until this week.

The following statements from health care policy experts at The Heartland Institute – a free-market think tank – may be used for attribution. For more comments, refer to the contact information below. To book a Heartland guest on your program, please contact Director of Communications Jim Lakely at jlakely(at)heartland(dot)org and 312/377-4000 or (cell) 312/731-9364.
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“President Obama’s rule by waiver continues with the delay of the out-of-pocket cap, a much- touted aspect of Obama’s law. This follows the delay of the employer mandate; the delay of the Medicare cuts; the delay of certain eligibility checks; and multiple delays in the functionality of Obama’s exchanges. It is clear this law is not ready for prime time. Its launch will squander millions in taxpayer money trying to fix its many failings. At the very least, it should be delayed for a year in which the administration can finally try to make it live up to its promise.”

Benjamin Domenech
Research Fellow, The Heartland Institute
Managing Editor, Health Care News
bdomenech(at)heartland(dot)org
703/509-1741


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