obamacare dealt huge blow

[GenuineRisk]

Originally Posted by Danzig

surely this doesn't come as a surprise. it's been known for years now that this was going to be a huge issue for tax preparers.
obamacare is a convoluted mess. perhaps as this all continues, more people will begin to beat the single payer drum.

It's an improvement over the old system, as more people are getting covered, and premiums are rising more slowly now that insurance companies are limited in how much of their income they may put towards things other than actual medical care, but yeah, single payer would be better. On that note, here's an interesting (and frightening) tale from one of balloon-juice's front pagers,who works in the health insurance industry, about his own son and what could have been a very bad situation, due to high up-front payments:

http://www.balloon-juice.com/2014/09...l/#more-158648

You might really like his stuff on balloon-juice, Danzig, since you've been following the implementation of ACA pretty closely. Richard Mayhew is the guy. He writes about the nuts and bolts of ACA and the effects from the point of view of a company writing policies to implement it and I've learned a lot from his posts.