Monday, October 07, 2013

Now they tell us-Obamacare's winners and losers in Bay Area

Obamacare's winners and losers in Bay Area - San Jose Mercury News:
"In California, 1.9 million people buy plans on the open market, according to officials with Covered California, the state's new health insurance exchange.
And many of them are steaming mad.

"There's going to be a number of people surprised" by their bills, said Jonathan Wu, a co-founder of ValuePenguin, a consumer finance website.
"The upper-middle class are the people who are essentially being asked to foot the bill, and that's true across the country."

Covered California spokesman Dana Howard maintained that in public presentations the exchange has always made clear that there will be winners and losers under Obamacare."

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