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Weakened Individual Health Insurance Mandate a Cause for Concern for Employers
Workforce Management; free registration required Oct. 15, 2009
Excerpt: While employers cite admiration for much in the bill, they too have criticized the committee's decision to water down the requirement that all individuals carry health insurance. Health insurers have agreed to stop their longstanding practice of denying people coverage based on pre-existing health conditions on the basis that all individuals be required to purchase insurance. The effect would be that policies for young and healthy individuals would offset the cost of caring for sicker and older patients. The Finance Committee bill, however, includes a reduced penalty for individuals who decide not to carry insurance.
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