Will You Be Hit by This Massive Obamacare Side Effect?

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Obamacare is sort of like a medicine. It left a bad taste in the mouths of many -- at least at the initial launch. Advocates say that it will make plenty of people feel better over time. And then there are the side effects.

One of those side effects made news this past week with the announcement of results from Aon's  (NYSE: AON  ) Health Care Survey of more than 1,230 employers. According to findings from the company's human resources solutions group, Aon Hewitt, fully one-third of employers plan to move their workers to private health exchanges within the next three years. Two-thirds of employers considering changes to their retirement health benefits are thinking about moving retirees to private exchanges.

Source: Wikimedia Commons 

What it could mean for you
What is the impact on employees? There is both good and bad news.

Walgreen's decision last September to offer health insurance to employees through Aon Hewitt's Corporate Health Exchange highlighted some of the positives. The pharmacy chain played up the flexibility to workers and their families of personal coverage options to best meet their needs.

That's not all spin, either. Aon Hewitt's 2013 survey of more than 100,000 employees of companies using its private exchange found that nearly 80% thought the health plan they selected offered the greatest value for their needs, and 93% liked being able to choose from multiple health insurers.

There is another angle, though. Walgreen and other companies moving to private health exchanges aren't just doing it to make employees happy. They're adapting to control their costs. The reality is that a key way of accomplishing this goal is to get employees to pay more. Aon Hewitt's Ken Sperling acknowledged several months ago that the amount that workers "will be asked to contribute is expected to grow much faster than the rate of salary increases."

This impending shift to private exchanges could be as dramatic as the move over the past few decades from employer pension plans to individual 401(k) retirement plans. Just as with that big change, the important factor at play is a transition from a defined benefits model to a defined contribution model.

Side effect?
Some would argue that the move to private exchanges preceded enactment of the Affordable Care Act and therefore shouldn't be viewed as a side effect of Obamacare. Walgreen spokesman Michael Polzin seemed to confirm this view last September, with his denial that the company's move to Aon Hewitt's exchange was driven by Obamacare. 

On the other hand, multiple organizations have directly attributed higher health insurance costs to Obamacare. The desire to control higher costs is a prime motivation for employers' moves to private exchanges. As Towers Watson  (NASDAQ: TW  ) senior consultant Sandy Ageloff observed, health reform implementation "is definitely escalating the pace of change" for companies trying new approaches for providing coverage to employees. 

In an interview with Bloomberg, Paul Fronstin, director of health research at the Employee Benefit Research Institute, speculated that some workers could be pushing their employers for more choices after seeing the Obamacare marketplaces for individual insurance. If he is right, movement to private exchanges could certainly be seen as a side effect of the legislation. Even if his take isn't completely on target, Fronstin made a good point.

PricewaterhouseCoopers' Health Research Institute, or HRI, found that most individuals shopping for health insurance on the Obamacare public exchanges had a wider variety of selections than the offerings for many employers. The firm also reported that prices for the individual Obamacare plans compared favorably to -- and in some cases were significantly lower than -- employer health insurance coverage. It's important to note, however, that a key trade-off cited by HRI was restricted provider choice resulting from limited networks on many Obamacare plans.

Prescription for profits
What is perhaps the best news to be found with this side effect of Obamacare? You could make money from it.

With large employers like Walgreen already moving to private exchanges and many more saying they will follow suit, this relatively new model could present a way for smart investors to benefit. Three big players in the growing field of private exchanges include Aon, Towers Watson, and Marsh & McLennan's (NYSE: MMC  ) Mercer unit.

I expect the private exchange business for all three companies to grow tremendously in the coming years. You couldn't have gone wrong with any of these stocks over the past year. Marsh & McLennan gained 33%. Aon rose nearly 45%. Towers Watson performed best, with a big jump of around 65%. My view is that investors probably wouldn't fare poorly buying any of the three stocks and holding for the long run.

A sea change is happening in the world of health insurance. Obamacare is contributing to and likely accelerating that change. Whether you think the health reform legislation is a tonic for the U.S. health care system or poison for the nation's economy, riding the wave of private exchanges could be a prescription for profits.

How else will Obamacare affect you?
It's not just the side effects of Obamacare that will affect you and your pocketbook. There are plenty of direct effects also. The health reform legislation seems complex, but it doesn't have to be. In only minutes, you can learn the critical facts you need to know in a special free report called "Everything You Need to Know About Obamacare." This free guide contains the key information and money-making advice that every American must know. Please click here to access your free copy.

Read/Post Comments (43) | Recommend This Article (21)

Comments from our Foolish Readers

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  • Report this Comment On February 23, 2014, at 11:19 AM, JohnnyGraf1111 wrote:

    Here is Obamacare in a nutshell:

    1800-1900s 1 person in your pockets (the dr.)

    1900-1950 2 little people in your pockets (dr. and the hospital)

    1950-1970 1 little person (dr.) 2 medium people (the hospital and the insurance company)

    1970-2010 1 little person (dr.) 3 huge people (hospitals, insurance company and drug companies)

    2010-present 1 little person (dr) 3 huge people (hospitals, insurance company and drug companies) and 1 gigantically bloated government.

    Yeah that is progress for Ya. What could possibly go wrong?

  • Report this Comment On February 23, 2014, at 11:20 AM, r95252 wrote:

    Obamacare/ACA is dead! Americans will never back it! Repeal the law and revert back to what we had! Return the money back to the organizations you stole it from! Failure to do so will cost the democrats their party! It's dying a slow hard death because if it! Obama is on the high way to hell, and you democrats are fast-tracking his end! Thanks!

  • Report this Comment On February 23, 2014, at 11:33 AM, VegasSmitty wrote:

    Soon as Obama steps out the door its GONE! Just like all of Jimmy Carters evergy saving programs.

  • Report this Comment On February 23, 2014, at 11:48 AM, sogole wrote:

    It is NEVER a good idea to force Americans to do something they do not want to do.

  • Report this Comment On February 23, 2014, at 12:28 PM, joinyn wrote:

    The burden of Obamacare is on the middle class and young people.

    My wife just had a mammogram and it cost us $800.00.

    Our insurance company paid for 1/2 so the total cost was $1600.00.

    So are you telling me everyone with insurance is paying this?

    Obamacare will bankrupt the middle class.

  • Report this Comment On February 23, 2014, at 12:49 PM, avanelle wrote:

    obamas is an idiot, and needs to be impeached for lying about liecare a/k/a obamcare

  • Report this Comment On February 23, 2014, at 12:58 PM, rationalist wrote:

    This article is a pile of bull. Obamacare has NOT increased the cost of medical care. The reality is that the rate of increase in medical costs has mitigated over the past few years, and at least some portion of it has been directly attributed to the ACA.

    Republicans tried to repeal the law NOT because they thought it would hurt people. They don't care about that. They were afraid that once in place people would like it, and it turns out that for the majority that is the case.

    If you ask people if they think that preexisting condition limitations should be eliminated, lifetime caps should be eliminated, women shouldn't pay more than men just because they are women, children should be able to stay on their parent's plans until they are 26, preventive care should be paid for 100%, or any of the other individual things that are in the plan, they overwhelmingly support them. Only when they are asked about "Obamacare" in general does a (small) majority oppose it.

  • Report this Comment On February 23, 2014, at 1:11 PM, PaulSell wrote:

    Recently when asked specifically about all the "cooking of the books" on

    OB☭M☭C☭RE ● & enrollment numbers & the CBO job loss report, Kathleen Sebelius, (AKA Mrs. Bagdad Bob), smiled and said, "Pull my finger." When the exact question was also posed to Barry, he tucked in his chin and gave a big toothy smile and said, "I just love that Yahoo picture of me with the Great Seal behind my pointy head, that looks like a halo on me. In addition I just want you all to know, I have a Bic Pen and an Obamaphone."

    Republicans are now just waiting for Barry & Company to work the kinks out of his legacy legislation OB☭M☭C☭RE●! After all this isn't just more of your Dear Leader's shuck and jive stuff, this is about millions of people's lives. The Republicans have promised to get right on immigration, as soon as

    OB☭M☭C☭RE● smoothes out with the millions of lives it has disrupted. Barry was quoted as saying, "When I go out and say the, "You like it you can keep it's... for years and still just as recently as the SOTU, constantly fudge my numbers and get 4 Pinocchios from the Washington Post the next day for it, I JUST CAN NOT UNDERSTAND WHY "YOU PEOPLE" STILL DON'T BELIEVE MY SHUCK & JIVE SH!T ANYMORE? I know you're all struggling and I want you to just reflect back to Christmas. It only cost you tax paying suckas' $800,000 to bring my main squeeze "Snuff Lip" back from her extended stay in Hawaii. Now, for you millennials: "Welcome to YOUR OB☭M☭C☭RE●! The Liberals, that now have to survive re-election with this albatross hanging around their socialist necks, STILL have to convince you soft headed millennials into another suicide vote for them again. Maybe we, Barry & Company, can just chat up Global Warming, Pot Legalization, minimum wage increase, and Income Inequality, while carefully avoiding your slim to none chances at even getting a job. We Dems are still just going to encourage you boneheads into believing that the lying Dems are actually going to make your lives so much better."

    RE:OB☭M☭C☭RE ● Barry has clearly stated he wants his legacy to be, that he is remembered for just 2 things: OB☭M☭C☭RE ● & being Vladimir Putin's B!TCH!

  • Report this Comment On February 23, 2014, at 1:11 PM, catgrl wrote:

    Revert the law and go back to what we had?? Well, what we had is broken and needs to be fixed and this is a start. The bulk of the tax on ACA will fall on the richest Americans, big business and insurance companies, The middle class will not be stuck with the biggest part of that tax. Some prices in the market will certainly increase but in the same respect lots of other costs will go down. The good news is that more people will be able to afford health insurance, you can not be refused due to existing health problems, your adult children up to 26 yrs of age can stay on your plan and this is a start.

  • Report this Comment On February 23, 2014, at 1:18 PM, JePonce wrote:

    Everyone will be hit by Neocommunist Obamacare, which is a tax, and the foundation document necessary for bankrupting the insurance industry, moving their $2.2 trillion in private sector GDP to government, establishing a single-payer system wholly owned by government, raising tax revenue, and using the Death Panel to reduce expense.


  • Report this Comment On February 23, 2014, at 1:31 PM, iwrote1 wrote:

    tell us about the 4 hospitals in Georgia that have closed 'so far' due to obamacare (according to them). and tell us how many other hospitals and medical facilities around the country have closed or are on the verge of closing due to this scheme to drag money out of every family budget in America to help pay for other social programs? in the end there will be fewer people covered by lesser plans, with greater deductibles and co-pays, and less doctors and medical facilities which means without a doubt people are going to die - probably the elderly - thanks AARP! and all thanks to the Demonicrats, and several RINO Republicans who all need to be retired. this next election it would be foolish not to look closely at the only party who stood opposed to this pandora's box called obamacare. no more donkeys, no more elephants, no more animals! it's time for a TEA PARTY.

  • Report this Comment On February 23, 2014, at 1:36 PM, JRS4 wrote:

    Hey Catgirl - you haven't seen the wreckage for small businesses yet. Why do you think Obama delayed Obamacare for those businesses that have 50 to 99 employees another year? It will break them!

    And you haven't seen the wreckage when 30 to 40% of all employers drop their health insurance. Employees will be left with some help from the employer but limited Doctor and Hospital networks.

    You are going to be crying to go back to the old system.

  • Report this Comment On February 23, 2014, at 1:37 PM, drdento wrote:

    I think there is an element missing in this dialogue. I just retired from a "three letter acronym" huge business that converted us from "guaranteed lifetime medical benefits" to a "fund of money provided to buy personal insurance" once we retired about 5 years ago. The sticker shock from this exercise is beyond belief. I am paying $24000 per year for health insurance for a family of 3 with no major illnesses in the family. The doctors who used to go after the insurance companies for coverage now ask for cash immediately to cover deductibles. If it is the beginning of the year, multiple doctors may ask you to cover a $1000 deductible since the insurance has not posted cash payments to other physicians. We ended up paying $1000 cash to 3 individual physicians since the insurance had not posted any of the charges yet.

    These huge enterprises are moving to "exchange" oriented plans for one reason only, they do not want to face the rising cost of medical care and they are moving that burden to their employees. The employees will have far less influence and will not be able to resolve issues with excessive insurance premiums individually. And oh by the way.. if you worked hard to make a sound retirement, saved hard, went to school... you are paying the burden for those who didn't.

    I see nobody focused on how to manage the cost of healthcare down. It has escalated beyond belief, and I can only believe this is an impact of "managed healthcare firms" that provide no value but intervene between the client and the physician. Often impersonal and rude and involved in making decisions that only your physician should make.

    My view is that at these prices this is not sustainable. Most people don't see it because their employer is paying for their insurance right now.. but as more are converted to the "here is some money... go buy insurance on an exchange" plan.. this is going to unravel.

  • Report this Comment On February 23, 2014, at 1:49 PM, frk1099 wrote:

    While everyone blames Obama for this colossal

    &$^($f(%^ let us not forget Nancy Pelosi " Pass the bill then we'll read it."

    --A fitting tribute to Obama's total lack of leadership and allowing himself to be led by the nose by his favorite lapdogs.

  • Report this Comment On February 23, 2014, at 1:51 PM, IckiTicki wrote:

    "Will You Be Hit by This Massive Obamacare Side Effect?"

    If you are a responsible hard working middle class individual you are screwed, if you are a welfare free loader, you win......

  • Report this Comment On February 23, 2014, at 1:55 PM, syclonedave wrote:

    When Obama leaves office, the middle class will be too. If you read the bill, it only gets worse. Socialist healthcare has no place in a free America. It may fail before its even repealed. It's illegal, unwanted, unaffordable, biased, and only designed to babkrupt the middle class. Boycott it. Only 1% have even signed up and many of them were for medicaid only.

  • Report this Comment On February 23, 2014, at 1:55 PM, thsolo wrote:

    The purpose of Obamacare is to screw healthcare up so much that people will demand it get fixed. They will continue with their delusion by turning to the government looking for the fix. But government caused the problem like it does nearly every time so they can step in and apply the universal "fix" from the government's point of view, more, bigger, more intrusive, more dictatorial, more centralize government. That is the goal of all this. Health care is NOT about healthcare. Global warming is NOT about global warming. Social Security is NOT about Social Security, etc. etc. It's all about an ever growing, ever more intrusive government, governing over people who will have ever-shrinking freedoms and lowered standards of living.

  • Report this Comment On February 23, 2014, at 2:32 PM, mfpinwa wrote:

    I think what the government needs to do is cancel the ACA and implement price controls for hospitals and the medical industry.

    The current situation is that hospitals are charging way too much, for example $50 for an aspirin. Another point is that doctors in the U.S. are getting paid much higher salaries than in other countries.

    Forcing the working class to pay for insurance is not going to help control cost, only provides more money so hospitals can charge more. It doesn't matter how much money is going to insurance companies if there are no controls on prices.

    The government needs to set price controls on doctor wages, medical services and products. Only after doing this should they force people to pay more.

  • Report this Comment On February 23, 2014, at 3:42 PM, bullfrog wrote:

    people ,you want Obutthead impeached go to liberty council and sign petition and pass this on we need all the signatures we can get ,so we can get our country back on track and lets ask for term limits for senators.Lets get out the old dems. and start over.

  • Report this Comment On February 23, 2014, at 4:32 PM, kgriff1414yahoo wrote:

    At least most medicine fosters health, Obamacare "medicine" makes one and all sick.

  • Report this Comment On February 23, 2014, at 5:56 PM, learning wrote:

    I'm with "rationalist." We should not go back to the "past," because of what we may have heard through the media or elsewhere. For those who doubt it, it is the truth that the rise in medical costs has moderated since the ACA was passed.

    For self-employed people with no state options available, such as my husband and myself, going "back to the past" would mean ONLY being able to get some financial help from our insurance company for JUST 6 doctor visits, per person, a year! That's right... after each of us making six $40 co-pays, we each received insurance help with ONLY 6 visits per year! We were denied ANY help with the payment of any other medical visits that year. Those 6 visits constituted just 1/61 of each year!

    We also had very large medical deductibles of $5,000 (for me) and $10,000 (for him) per year and huge Rx deductibles that started over again every January 1st. In 9 years or less with the insurance company, the cost of our premiums had gone up whopping 800%, and there was NOTHING to stop our insurance company from doing it! There also was nothing that WE could do because of "pre-existing conditions" such as asthma or arthritis.

    The year 2009 was our worst year ever... We paid over $45,000 in total medical costs (including premiums)!

    I knew that my husband and I would be on Medicare by the time the ACA was passed, but I worked to get it passed because I believe that health care is a RIGHT and not a PRIVILEGE. I also did not want another living soul to have to endure what we had in the PAST.

  • Report this Comment On February 23, 2014, at 6:06 PM, kingbiskit wrote:

    So many think the ACA is the greatest thing.Till Dec.31 of last year,I had the best coverage which included a $10 copay for my preexisting condition.Now I have nothing,I simply cant afford coverage

  • Report this Comment On February 23, 2014, at 6:31 PM, catgrl wrote:

    So all you nay-sayers believe that the old health care system was better and I am trying very hard to figure out why---You are ok with people with existing health conditions be denied coverage---you are ok when those same people die at home because they can't go to the doctor cause they can't afford to pay the hospital, the dr or their medication---you are ok when they finally get sick enough to seek help that they get medical care but then have to file bankruptcy because the huge debt they are stuck with just to save their own life has taken their home, their assets and any sense of selfworth, self respect and pride they might have had before getting sick--you are ok with footing the bill(100%) in taxes an the indigent patients that flood our ER's and other health care facilities when they get sick and seek help---what you DO seem to care about is keeping an unisured, sick population that we are paying through the teeth to keep healthy, from having any chance at all to buy insurance ---how can any of you sleep at night being the snooty, judgmental uncaring people that you are??? If you folks are any indication of the world to come, then our society is certainly doomed. Nothing positive or good can come from our government constantly fighting with each other, holding back any forward progress to be made at all---the constant bickering and fighting will be what will destroy us and all you nay-sayers will be to blame--you all are part of the problem, not he solution!

  • Report this Comment On February 23, 2014, at 7:18 PM, piasabird wrote:

    The real problem is people don't even understand how insurance costs you money. First there is the cost of the insurance you pay up front. Then there is the $15,000 deductible that will make it look like you are paying for something that costs you even more to use it. Then they will say doctors or hospitals you currently have are not covered by your insurance. May as well just slit your throat and die now. Do you even know what insurance costs? My employer pays about $12,000 per employee just to insure the employees. Even after that there are costs the employees pay like copays and out of pocket expenses. If you happen to live where I live, Madison County, IL, the home of the most medical law suits on earth, good luck finding a doctor, much less on that is in-district.

  • Report this Comment On February 23, 2014, at 7:43 PM, cbchef2003 wrote:

    Just once, it would be nice to read an article that doesn't try to put a positive spin on this abortion. The ACA, will bankrupt the middle class, put millions more homeless, and divide an already divided America more than anything in this age. Anyone still supporting this giant lie is living under a rock.

  • Report this Comment On February 23, 2014, at 7:50 PM, cbchef2003 wrote:

    Isn't the entire notion of kids staying on until 26, putting a serious dent in the number of healthy young people they NEED to sign up for this crap in order for it to work??? My kids are grown, and gone, but 4 of them remain under age 26, does it mean I have to pay for their insurance, and they get to ride the tide?

  • Report this Comment On February 23, 2014, at 9:18 PM, meeeto wrote:

    Were fox news watching republican Obama haters born brain damaged or did they get that way from watching fox news?????

  • Report this Comment On February 23, 2014, at 9:25 PM, GhostdogWarrior wrote:

    If either party is involved I can assure you that at some point and in some way you will pay

  • Report this Comment On February 23, 2014, at 9:40 PM, Uriah43 wrote:

    This article is heavily biased and people should be aware of it. The fact that corporations are switching their employees from company plans to Obamacare isn't because they were forced to in any way. They are switching because medical costs have continued to rise with or without the Affordable Care Act. They (the costs) were rising BEFORE Obamacare and if anything they would have risen even higher had Obamacare not been passed. But this article doesn't tell you that. Neither does it say that without Obamacare the employees affected would have NOTHING else to rely upon when their companies do cancel them. In other words, rather than being a bad thing the Affordable Care Act at least allows people to have an alternative to no care at all. But again, this article and the writer of it don't want you to know that. Instead, they want you to be as stupid as some of the other posters who throw in nonsense about how bad President Obama is or talk about "socialism" or other such garbage. Frankly, we need a Canadian-style system or a government option. But failing that Obamacare is still better than nothing. And that my friends, is the truth of the matter.

  • Report this Comment On February 24, 2014, at 12:49 AM, lyndagroom wrote:

    For better and for worse ObamaCare is not going anywhere. The alternative is a return to the status quo that left far too many in the cold. Those politicians who recognize reality will work to correct the things that are wrong and make even better those that are already strong. It is going to take time and no matter the level of noise and agenda driven nonsense health care insurance reform is the law of the land.

  • Report this Comment On February 24, 2014, at 12:57 AM, DevonShire123 wrote:

    The question is not "whether" you'll be hit by (one of the many intentional) Obamacare hits. That is inevitable. The question is, how badly ruined will you be as a result.

  • Report this Comment On February 24, 2014, at 8:07 AM, DrG wrote:

    Both companies and insurance companies are doing things "under the cover" of Obamacare. Insurance was going to raise premiums anyway so they blame Obamacare. Companies were already increasing the employee portion of costs so now they can blame Obamacare. It's perfect for them. How about getting the cost of medicines and hospital care down to something reasonable!!

  • Report this Comment On February 24, 2014, at 10:04 AM, flea1989 wrote:

    Congress could have mandated that insurance companies had to cover pre-existing conditions and that they cover kids up to 26 years old and paid a hundred percent of the poor insurance policy and it wouldn't have come close to 1 trillion. Had the Democrats went after drug companies on their costs, it would have made a huge difference in cost. Why is it I can go to Mexico and buy the same medicine at not even a 1/3 of the cost? Obamacare is about control, nothing else!

  • Report this Comment On February 24, 2014, at 11:13 AM, conniemc wrote:

    at the end we are given a choice obamacare or medicaid but they don't tell about if you sign up for medicaid you have to sign rights to your property to the state for the estate recovery program and if your parent is in a nursing home they could put a lien on the children's property until the amount medicaid paid for nursing home or long term care is paid back to the state all are subject to a lien on their property even if it just pays your medicare premium .

  • Report this Comment On February 24, 2014, at 12:23 PM, laracroftraid wrote:

    I swear, I can't believe that some people still think that Obama is some great crusader. Let me tell the effect that Obamacare has had on my job. I used to work 35 hours a week at the community college and I was a part timer. But, since Obamacare went into effect, the college cut my (and all other parttimers) down to 19 hours a week. Why? Because they did not want to have to offer us health insurance. Yes, that is the effect that this so called great healthcare law has had on my job. Luckily, I have another job (part time) along with this one. But, I sure was happy with working 35 hours a week. Oh, and someone like me (who makes minimum wage at both jobs) would have to pay over $100 a month for healthcare under this law. $100/month! Yeah, it sure seems affordable to me. Unfortunately, in the great state of Texas (where I live), Texas has opted out of the requirement for expanding Medicaid to people. Still think that this law is the bomb?

  • Report this Comment On February 24, 2014, at 1:48 PM, Scottilla wrote:

    So using your "logic" JohnnyGraff, we should go back to the way it was in the 1800s. Oh yes! People were SO much healthier then.

  • Report this Comment On February 24, 2014, at 2:00 PM, sCreeeeweD wrote:

    I agree that the health care system is all F-uped. But Obama care is not the way. Yes, we should not be penalized for pre existing conditions, we should not be refused treatment and on and on and on with all the things that are wrong. You can talk for days on the horrendous problems with the current system. There has to be a better way. I am in the middle class and am tired of being screwed at every turn. I have had an 80/20 type policy for 20 years, then I get a better job with the best insurance of my life for one year. Obamacare comes along and now I am back to an 80/20 policy that is decent, but the cost and out of pocket keep going up. Obamacare will probably ruin my current policy too. Why would you penalize a corporation that wants to reward it's employees with a good policy. And don't tell me that Obama care did not have anything to do with it. As soon as he started talking this BS, our insurance started to cost more. The middle class can only take so much. I work 50-60hrs a week to barely get by. Last year I had a colonoscopy that cost me $1200, a co-worker's son with no insurance had one done and received a bill for $1100. There are multiple systems here that are failing and each one impacts the other. I thing everyone truly DESERVES proper health care. But why should I be penalized in order to give it to those whose employer will not offer it. When I had no insurance, I just had to pay for everything, end of story. The problem now a days, people are not responsible for their debts. They either expect welfare to pay or just screw the doctor out of his deserved pay. Hey, AMERICA, it is time to wake up and MAKE the rich politicians do the jobs that WE pay them for, they work for us not for big business.

    And there is the problem revealed, no one wants to truly get involved, they just want to bitch about the problems.

    By the way, this is my first time making a comment to anything I have ever read on one of these sites and probably my last.

    If you want to make a difference, get involved in something. Going on sites like this do NOTHING. Join a movement, add your voice to a cause, any cause, actually do something other than complain!!!!!!!!!!!!!!

  • Report this Comment On February 24, 2014, at 3:17 PM, dirtywhiteboyiiz wrote:

    Does writer Speights NOT KNOW that a company can be cited for trying to avoid taxes IF THEY ADMIT, they made the move b/c of obamacare??

    Walgreen spokesman Michael Polzin seemed to confirm this view last September, with his denial that the company's move to Aon Hewitt's exchange was driven by Obamacare.


  • Report this Comment On February 24, 2014, at 3:19 PM, dirtywhiteboyiiz wrote:

    the truth is always straightforward

    its the lies that need all those pages and "confusion"

  • Report this Comment On February 24, 2014, at 4:24 PM, Netabud wrote:

    I advise everyone to get registered on your medical portals for doctors, specialist, hospitals, vendors you use to keep them honest! They are gouging you and your insurance coverage!

    I caught a vendor trying to file insurance for 2700$ for $277 worth of products! then wanted us to pay the 277$ I said that 10% i am responsible for? vendor said yes, i said you mean to tell me a new cpap mask, hose and some filters costs $2700 ? they revamped/backed down we paid $27. So we need to be alert for fraud everywhere!

    I am a retiree, already paying more out of pocket and those questionable deductibles that seem to change daily. I was happy with what i had, and am highly unhappy with a leader that should of been impeached 3 yrs ago! if it aint broke why mess with. If the have nots want insurance let them work for it! Let us help our own on our terms not by orders from some blowhard alien puppet, who if truth be known, is getting kickbacks from all this under the table.! Am I mad, you betcha! They will continue to feed us the cool aid so wont rock their boats.. Wise up people!

  • Report this Comment On February 24, 2014, at 8:33 PM, wvowell wrote:

    It really gripes me when anyone try's to put a positive spin on this disaster.

    There is NOTHING good about the federal gov't taking over your HEALTH.

    This now gives the federal gov't complete control over your life from birth to death.

    And for you short sighted people that don't believe, then the best is yet to come.

    This law needs to be repealled in it's entirety. It cannot and should not be "fixed". Repeal is the only solution.

    It is sad that intelligent people don't have the ability to see this.

    I could write for an hour about this but I know I'm wasting my time. Because people like Speights will ignore facts, and support something that gives them some short term benefit and try to convince the uninformed how good this is.

  • Report this Comment On February 24, 2014, at 9:15 PM, malclave wrote:

    I still want to know how many of the "journalists" and "analysts" promoting Obamacare cancelled their existing health insurance and signed up on the exchanges.

  • Report this Comment On February 25, 2014, at 2:31 AM, jpill23 wrote:

    OBAMACARE = FAIL. Absolute failure. Just like this article. Keith, please don't waste our time with this junk. I am disgusted by this article. This article belongs on yahoo news, not the fool.

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Keith Speights

Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries.

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