Saturday, December 21, 2013

Roy on ObamaCare Rule Changes

Avik Roy has a good round-up at Forbes on the latest ObamaCare rule changes and what they mean: "Utter Chaos: White House Exempts Millions From Obamacare's Insurance Mandate, 'Unaffordable' Exchanges".

A couple of key points:

* The previous "fixes" weren't working, but the proposed new "fix" to allow some people to purchase "catastrophic" plans also won't work.  Those "catastrophic" plans won't be much cheaper.

* The insurance marketplace is now in chaos because of unexpected rule changes.

But you should read the whole thing.