Obamacare Forges Insurance-Seeking Winners and Losers

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Healthcare Protest

One reason opinions are so divided about the Affordable Care Act is because of the simple fact that health care reform impacts the lives of individuals in varying circumstances very differently.

How much an individual’s insurance costs will change because of the law depends on a host of factors: age, current health status, state of residence, and of course, whether the individual — or family — was insured before purchasing a policy via the Obamacare-mandated insurance exchanges.

Those who are uninsured and have a preexisting condition will likely pay less for coverage than they would in the current private market. Without accounting for subsidies, those who are uninsured but young and healthy will likely pay more. People who are insured through their employer will likely experience few changes. And some 13 million Americans who are currently uninsured will pay little to nothing because they will become eligible for Medicaid, according to the Congressional Budget Office.

In addition, a vast majority of those buying plans on the individual exchange — 60 percent of the 29 million people who could make up the insurance exchanges, according to the Kaiser Family foundation — will receive subsidies of varying amounts to make insurance more affordable.

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