Delays for big employers. Delays for insurance companies. But rejoice, citizens! You’re still screwed right now.
The limit on out-of-pocket costs, including deductibles and co-payments, was not supposed to exceed $6,350 for an individual and $12,700 for a family. But under a little-noticed ruling, federal officials have granted a one-year grace period to some insurers, allowing them to set higher limits, or no limit at all on some costs, in 2014.
The Affordable Care Act may turn out to be the most oxymoronically-named law in American history. And that’s what makes it special.