From the daily archives: Tuesday, August 13, 2013

There’s a hubbub today about a slight delay in a rather obscure Obamacare provision, and the GOP response has raised my hackles. So, I vent.

Thanks to Obamacare, all insurance plans will feature maximum out-of-pocket costs (MOOP) of $6350 annually. That means that the most you will spend on health care in any year is $6350–even if you have cancer, or a car accident, or give birth. They’ll also be indexed to your income; lower-income earners will have lower MOOPs. Prior to this, MOOPs were much higher, if you had one at all.

The fact that many plans didn’t have MOOPs […]

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