With Obama having given himself the freedom to change the law, it is no surprise that he has again altered his signature health care law. The latest change involves delaying caps on the law’s out-of-pocket insurance costs for a year.
As Avik Roy notes over at Forbes:
First, there was the delay of Obamacare’s Medicare cuts until after the election. Then there was the delay of the law’s employer mandate. Then there was the announcement, buried in the Federal Register, that the administration would delay enforcement of a number of key eligibility requirements for the law’s health insurance subsidies, relying on the “honor system” instead. Now comes word that another costly provision of the health law—its caps on out-of-pocket insurance costs—will be delayed for one more year.
Who knows how the law will ultimately look when the Administration is done altering it? Of course, as Harry Reid pointed out earlier this week, the endgame is a “single-payer” system.
Fear not, however, if you don’t want to cooperate with the law’s requirement that you purchase health insurance, you get around it and avoid paying the penalty.