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ObamaCare and Incentives
futureofcapitalism.com
"Loyal Obama Supporters, Canceled by ObamaCare" is the headline ProPublica put over its illuminating dispatch about a San Francisco couple who volunteered at the phone bank for Obama's re-election and now are going to be worse off because of ObamaCare. They "have been paying $550 a month for their health coverage — a plan that offers solid coverage, not one of the skimpy plans Obama has criticized," ProPublica reports. "But recently, Kaiser informed them the plan would be canceled at the end of the year because it did not meet the requirements of the Affordable Care Act. The couple would need to find another one. The cost would be around double what they pay now, but the benefits would be worse." ProPublica has a follow-up article today about the case. One key point stands:
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ObamaCare and Incentives
futureofcapitalism.com
"Loyal Obama Supporters, Canceled by ObamaCare" is the headline ProPublica put over its illuminating dispatch about a San Francisco couple who volunteered at the phone bank for Obama's re-election and now are going to be worse off because of ObamaCare. They "have been paying $550 a month for their health coverage — a plan that offers solid coverage, not one of the skimpy plans Obama has criticized," ProPublica reports. "But recently, Kaiser informed them the plan would be canceled at the end of the year because it did not meet the requirements of the Affordable Care Act. The couple would need to find another one. The cost would be around double what they pay now, but the benefits would be worse." ProPublica has a follow-up article today about the case. One key point stands:
Read More...
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Charles Ornstein
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