You Can Keep Your Health Insurance Under Obamacare? Not So Much.

From Reason.com:

President Obama(in)famously said, “If you like your health care plan, you can keep your health care plan” under the Affordable Care Act. As it turns out, not so much. Hundreds of thousands of Americans, it turns out, are receiving letters telling them that their existing coverage just isn’t good enough to satisfy the strict requirements of the Obamacare law, and that they’ll have to sign up for new policies. Those new policies come with new stipulations, and new price tags. Which is to say, it doesn’t matter if you like your health care plan, since you probably can’t keep it.

via You Can Keep Your Health Insurance Under Obamacare? Not So Much. – Hit & Run : Reason.com.

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Filed under insurance, tax code, HSAs

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