Contact Us

The Consequences Of The Affordable Care Act; Obamacare Roll-Out Unveils New Fees

(Photo by Justin Sullivan/Getty Images)

Call it the Affordable Care Act.  Call It Obamacare.  Most folks are going to call it costly.  As the roll-out of Obamacare starts, taxpayers and insurance customers are going to notice that they’re paying additional fees that weren’t effectively presented up front.

A new fee will be applied to every person who holds medical health insurance, and it’s purpose is to pay for other people who have pre-existing conditions.

The $63-per-head fee – buried in a recent regulation -will hit health plans serving an estimated 190 million Americans, mostly workers and their families. It’s payable starting in 2014.

Employers are not happy. The cost of compliance works out to tens of millions of dollars for the largest companies, maybe a few hundred for small firms. Most of that will get passed on to workers.

Followers of the bill – on both sides – agree that more expenses are to be expected as the country prepares for universal health coverage.


AP News: Surprise: New insurance fee in health overhaul law.

Best of Kool 101.7

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for KOOL Gang quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive KOOL Gang contests, events, coupons, presales, and much more delivered to you for FREE.