RANDOM MUSINGS FROM THE TOP OF THE HILL

9/19/2010

OBAMACARE

The first results of Obamacare are soon to be felt. Beginning on October 1, all Health Insurers have to comply with SOME of the new regulations. That is going to cost anyone who pays for health insurance.

The big hit doesn't come until 2014 when the full brunt of the legislation goes into effect. Sadly for me, it seems that to pay for all the new people on Medicaid (medical care for those who cannot afford it) extra charges or benefit reductions will be made to those with Medicare (health insurance for seniors who can afford it).

:-(

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