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February 13, 2014 at 12:15 PM
Obama administration officials are getting praise for trying to respond to consumer and employer concerns with the latest PPACA delays, but they’re getting attacked on their math.
The U.S. Department of Health and Human Services has addressed complaints that some of the new public exchange plan provider networks are too small by proposing a new work review process.
The Obama administration seems to be considered letting individuals who are happy with old individual policies that fail to comply with Patient Protection and Affordable Care coverage standards keep the policies until the end of 2016.
Many policyholders were going to have to drop non-PPACA policies that were too new to be grandfathered at the end of 2013. An “administrative fix” now in place lets consumers in many states keep non-PPACA, non-grandfathered policies until later this year
Earlier this week, the Internal Revenue Service and its parent, the U.S. Treasury Department, said employers with 50 to 99 employees or the equivalent can avoid complying with the PPACA “play or pay” coverage mandate until 2016.
Steve Zaharuk, a senior vice president at Moody’s Investors Service, said Obama administration efforts to be responsive could backfire.
