Published by The Daily Signal
By Whitney Jones
Lawmakers may have gotten rid of the individual mandate, but the crushing weight of Obamacare still has not been lifted.
Thanks to Obamacare, in 2018, some Virginia small business owners and their employees reportedly will only have one option for a health insurance plan that offers health savings accounts. As a result, those who prefer the health savings account will have to pay higher premiums and give up their doctor.
Health savings accounts allow individuals and families to pay for medical expenses with tax-deductible dollars, the funds you pay into your account can cover a wide variety of health care costs.
They can be used to pay out-of-pocket costs for doctors, for instance, as well as medical tests and procedures, vision and dental bills, prescription copays, medical supplies, and countless other medical expenses.
Yet this popular form of insurance is now becoming less and less available under Obamacare.
Small business owners and their employees who rely on the broken individual market for health insurance continue to lose access and control over their health care dollars. Each year, their health care costs go up dramatically while their access to care declines.
I spoke with one small business owner in Virginia who told me that in order to maintain coverage with a health savings account in 2018, he had to switch to the only option available to him in the Obamacare marketplace—a Kaiser Health plan—and give up access to his current physician.
This year, his premium will rise to $425 per month.
See the full story here.
Link: http://dailysignal.com/2018/01/25/obamacare-continues-crush-small-business-owners-2018/
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