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28 Feb 2011 13:20

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U.S.: President Obama hedges on health insurance mandate

  • old The Affordable Care Act became law, hinged on the concept of an individual mandate. Basically, everybody must buy health insurance, thus lowering the liability costs that the insured must cover for the uninsured. This prompted a slew of legal challenges from the states — mostly ones with Republican governors.
  • new President Obama has announced that he supports legislation allowing states to opt out of the individual mandate by 2014, if they can reasonably illustrate that they can keep the same coverage rates. Is a modest dose of health care reform — in truth, more health insurance reform than anything else — being watered down? source