Total number of waivers issued for the greatest healthcare plan in the history of the world stands at 1,472.
(The Hill) — The Obama administration granted another 106 waivers last month from part of the healthcare reform law — the first round of three-year waivers the Health and Human Services Department has approved.
The new approvals bring the total number of waivers to 1,472, according to HHS. Those figures cover waivers granted through the end of July. HHS will stop granting new waivers after September.
Some health plans, usually offered to low-wage workers, place caps on how much they’ll pay out in benefits over a year. The healthcare reform law gradually bans those limits, but allows HHS to grant waivers to companies that would be more likely to quit offering coverage than to provide more robust coverage.
HHS has been approving a new batch of one-year waivers at the end of each month. The department announced it would cut off applications in September, but let companies that received a one-year exemption extend that waiver through 2014. The 106 waivers approved in July will last three years.