Obamacare Cap on Out-of-Pocket Costs Delayed

http://www.foxnews.com/politics/2013/08/13/obamacare-cap-on-out-pocket-costs-delayed-in-latest-setback/

In yet another move by the Obama administration according to the New York Times today, the administration is giving employers and insurers a one-year grace period to adhere to the limit, which otherwise would have capped individual costs at $6350 a year.  The full requirement will go into effect in 2015, rather than 2014, which was the date it was originally intended to go into effect.  The means that some employers, basically those with a one-benefit provider, could use plans with higher limits or no limit at all on out-of-pocket cost expenses.  The administration supposedly earlier this year waived the requirement involving the cap on costs, but it wasn't reported until now, supposedly because it was buried under reams of regulatory material revolving around Obamacare.  The purpose of this move is supposedly to give businesses more time to comply with the new law.

I personally believe the motive behind these moves on the employer mandate and out-of-pocket expenses is due to the fact that next year is the mid-term election.  The decision is not popular with many businesses and many insurance companies and Obama wants to keep the Democratic Senate majority and he wants the House to regain its Democratic majority.  It will be more difficult for Congress to be Democratic unless those controversial provisions from the Affordable Care Act are delayed for another year.  That's just my opinion.  To read the full story, click on the above link from FoxNews.com to read the latest on this.