Obama Just Eliminated Health Care Waivers, Meaning 1,433 Companies Will Have To Pay

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The White House announced late last night that it would end the health care waivers program.

The program exempted some employers from a requirement to offer at least $1.25 million worth of coverage annually.

Currently there are 1,433 employers who use the program, covering 3 million Americans, according to the LA Times. Starting in September they will have to offer coverage.

This follows a controversial report from McKinsey, which claimed that a bigger, more expensive Obamacare was coming next year and that Obama would attempt to extend coverage to all Americans. This report was disputed by economist Paul Krugman for a lack of specifics: however, this news seems to support the report.

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