The Big Problem With Obamacare: It Doesn't Help Many
Daniel Fisher, Forbes Staff
I cover finance, the law, and how the two interact.
"Existing federal laws already cover the poor, the elderly, and the roughly 60% of Americans who get their insurance through their employers. Those laws provide free or low-cost care to just about anyone who needs it, and ban practices like charging higher rates for people with preexisting conditions in employer-based plans. The law won’t help them much and could make them worse off, if you agree that the minimum standards for health insurance policies and broader access to subsidized healthcare by the poor will drive taxes and costs up instead of down."
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