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Obamacare waivers given to 111 businesses, but few know where to apply for it

The Obama administration has given waivers for the new Healthcare program to 111 corporations and entities so far, but few know where the application is to apply for it.  On the Health and Human Services (HHS) website, it takes clicking through six pages of information and misdirection to find the waiver application, and also to see a list of approved businesses who have opted out.

Approved Applications for Waiver of the Annual Limits Requirements of the PHS Act Section 2711 as of November 1, 2010.  (Click on the link to go to the page with waiver applications and approved lists)

Unfortunately, to receive a waiver it appears you must have political capital with the administration to be accepted.  For most small businesses, you will be incurring the new taxes, fees, and programs that will add thousands to your bottom line, and in more than a few cases, might cause a small business to close their doors.

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In March, AT&T reported from an internal study that the new Healthcare program will cost their company over $1 Billion in new and additional costs.  We do not know at this time if they have applied for a waiver from HHS, but they are not on the approved list as of November 1st.

Looking at the list, you will notice that unions are one of the largest entities given a waiver, and speaks to the political gifts given by the Administration to them.  The Obama Presidency has proven their partnership with unions since 2008 to the detriment of small business.

Fox Business News has discussed this waiver agreement and application in a video clip you can watch on the left of this article.

By

Finance Examiner

As a historian in his primary field of study, and an investor in the real world, Kenneth has a keen perspective on all facets of the financial...

Comments

  • Frumpy Jones 1 year ago
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    You know what?The republicans need to have a source that is not themselves. I need a source on this. I am more than willing to accept this as true but I need a reliable piece of media to verify it.

  • If you noticed in the article the source is the HHS website itself.

  • DON 1 year ago
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    THATS THE SAD PART YOU CANT BELIEVE THE TRUTH WHEN IT SLAPS YOU IN THE FACE AND ALSO YOU NEED TO HEAR IT FROM A MEIDA SOURCE, WHIUCH I BET IS LIBERAL TO VERIFY... HERE'S A SECRET THEY WONT CAUSE THEY (THOSE RELAIBLE MEDIA SOURCES) MIGHT AS WELL BE THE WHITE HOUSE PRESS SECRETARY!

  • Bob 1 year ago
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    Read it on the NY times, same story basically, and from the ever liable liberal magnet:

  • Bob 1 year ago
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  • dwcoyote 1 year ago
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    Frumpy, sounds like you don't want to believe it. The source you called for is given in the article.

  • Dan Mitchell 1 year ago
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    If the companies are too lazy to wade through 6 pages of text to find something to save them money, then I guess they really didn't want to save money in the first place.

  • Ryan 1 year ago
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    Dan, if you had read and understood the article, youd notice that when people sign up for the new health care, they have to pay more taxes, hell, it would apparently cost AT&T over a billion in taxes.

  • fallen 1 year ago
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    Frumpy let me help you out but few know where the application is to apply for it. On the Health and Human Services (HHS) website, it takes clicking through six pages of information and misdirection to find the waiver application, and also to see a list of approved businesses who have opted out.

  • What if the insurance belongs to the employee not the employer? This could be an easy solution for those small companies who aren’t blessed by a Secretary Sebelius waiver and are being forced to drop employee coverage. Simply switching their healthcare payments into LyfeBank accounts allows the employee to purchase a policy of their choosing and gets the employer out of the health insurance mess. Also, LyfeBank accounts allow family members and part time workers to pool employer funds from each job, all with pretax dollars. (See LyfeBank.com for info)

    In the list of “Approved Applications for Waiver” are insurance companies (Cigna, 265,000 enrollees). If the government is granting waivers to the insurance companies, would that waiver then apply to employers using that “waived” insurance company? Perhaps this is another easy solution.

  • Bob 1 year ago
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  • Anonymous 1 year ago
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    I believe the list of companies with waivers is now over 700 (http://www.hhs.gov/ociio/regulations/approved_applications_for_waiver.html)

    To me this raises the question of "Equal Protection." How can some be exempted from some laws? Totally unconstitutional.

  • NothingFree 1 year ago
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    I think Health Care law is to punish every individual American who works hard for living but rewards ones who are capable of doing work for living but choose to do nothing for living. Liberals blame the working hard American by calling them "The Rich".
    The hard earn money by working every day, long hours from their both hands away from their children and spouse called Working for Living People, not Waiting for Living People. Understand?

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