It’s called crony capitalism when the people in power give government benefits to their hand-picked beneficiaries.  We now know that President Obama is hand-picking Obamacare winners at the expense of the little people.   It’s more proof that the federal government is in the pocket of powerful special interests who get favored treatment while everybody else must obey the law.

USA Today:  “Nearly a million workers won’t get a consumer protection in the U.S. health reform law meant to cap insurance costs because the government exempted their employers.  Thirty companies and organizations, including McDonald’s (MCD) and Jack in the Box (JACK), won’t be required to raise the minimum annual benefit included in low-cost health plans, which are often used to cover part-time or low-wage employees.”

Related posts:

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  3. Arizona Warns Employees Healthcare Insurance to Go Up 37% Next Year because of Obamacare
  4. Bad Medicine: A Guide to the Real Costs and Consequences of the New Health Care Law
  5. Health Insurers Seeking Rate Hikes Of More Than 20 Percent In Connecticut
  6. Obamacare Killing Many Types of Health Insurance Plans
  7. Health Care Reform Causes CT Health Insurance Premium Hikes as High as 47%
  8. Business Owner Says Thanks To Obama And Health Care Reform, I’m No Longer Paying For My Employees’ Insurance
  9. Obamacare to Increase Medical Insurance Costs of Small Businesses
  10. Feds Clueless as to How Many People Payed for Obamacare Insurance