Despite President Obama's declaration that "if you like your health plan, you can keep it" regarding his signature health-care overhaul in the Affordable Care Act, that turned out not to be the case for a few million Americans. Those individuals, whose cheap bare-bones policies no longer met Obamacare's higher coverage standards, were to be put in more robust, and consequently more expensive, plans.

However, after some fallout, the Obama administration reversed course, and earlier this week, the U.S. Department of Health and Human Services announced a few changes to the Affordable Care Act, one of them being the extension of these previously voided plans for two years.

In this segment from Friday's Market Checkup, Motley Fool health-care analyst David Williamson discusses the ramifications of that and other changes to the Affordable Care Act legislation announced this week. He discusses how this will affect several of the major insurers, just how difficult these changes may be to roll out, and where the hiccups may be along the way.

Do you know how Obamacare will affect your investments?
Obamacare 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.

David Williamson has no position in any stocks mentioned. The Motley Fool recommends and owns shares of WellPoint. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Compare Brokers