insurance

6 surprise consequences of health insurance reform

Insurance » Health Insurance » 6 Surprise Consequences Of Health Insurance Reform

6 surprises from health care reform
6 surprises from health care reform © Jim Vallee/Shutterstock.com

Even as major elements of the historic Affordable Care Act take effect, polls show that many Americans still don't understand the basics of health insurance reform or the impact it will have on their lives.

But a Bankrate survey found that a slight majority have become more curious about the law. As people learn more, the picture is slowly becoming clearer as to how President Barack Obama's ambitious, intricately layered health care overhaul will affect the nation. Some of the impacts have seemed a bit surprising, even unfortunate.

"No single law can solve all problems," says Linda Blumberg, a health economist and senior fellow at the Urban Institute, a Washington, D.C., think tank. "We have to take things one step at a time and know that this is going to be a continuing process of trying to reform a system that has flaws, with markets that aren't now and never have been competitive, and evolve to (a) more efficient provision of high-quality care."

As the full effect of health care reform comes closer, here are six Obamacare consequences that are coming to light -- some unforeseen, others that only seem that way.

advertisement

Show Bankrate's community sharing policy
          Connect with us

Compare multiple quotes in just 6 minutes

Get competing rates from top companies including:
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

Blog

Jay MacDonald

The health insurance literacy gap

The hidden challenge of Obamacare? Translating health insurance terms and conditions into everyday language.  ... Read more

advertisement
Partner Center
advertisement

Connect with us