More Obamacare "Rate Shock" Coming January
Wait till you see the deductibles!
Media reports about the Affordable Care Act have been dominated by two themes lately: The ongoing glitches with Healthcare.gov and the "rate shock" that some consumers now face after insurance companies canceled their policies.
But come January, a second rate shock may hit and could produce more bad news for Obamacare.
That's when millions of Americans who select health insurance plans on the new marketplaces may realize that their new insurance plans don't pay the bills right away. They come with high deductibles and co-pays.
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