News Headlines Article

Out with the old, in with Obamacare
San Francisco Chronicle

The math for the Affordable Care Act in California is stark: Kick 1 million Californians off the private health care plans they already have at the end of the year so that a million Californians can enroll in subsidized Obamacare plans. Another million or so can stay in their old plans, and the state will sign up an additional 1.1 million for Medi-Cal.

The losers are Californians, many of them Obama voters, who run their own shops and did the right thing by buying private health care, probably after Obamacare passed.

If they are among the two-thirds of private policyholders expected not to qualify for federal subsidies, they face an ugly case of rate shock.