Another Day, Another Shocking Obamacare Delay
Just a few weeks ago, the large employer mandate in Obamacare got pushed back until 2015. It looks like that won't be the only part of the law getting a one-year implementation setback. And this latest change could dramatically affect the amount of money a person or a family spends next year on health-care costs.
The cap on out-of-pocket payments in Obamacare is roughly $6,400 per person and double that for families. The goal was to limit the financial harm that could befall a family. Shockingly, this delay has actually been on the books since February, but it is only coming to light now. The justification is that providers have no way to accurately track how much their members are spending in certain scenarios. It requires a whole new digital infrastructure, and that won't be ready to go in January.
In this video, health-care analyst David Williamson discusses the impact of this delay and looks at two health-care IT stocks set to profit from Obamacare that investors may have overlooked, given their historical focus in other industries.
Rising health-care costs continue to be a hotly debated topic, and even legendary investor Warren Buffett called this trend "the tapeworm that's eating at American competitiveness." To learn more about what's happening to the health-care system -- and how to potentially profit from this trend -- click here for free, immediate access.
The article Another Day, Another Shocking Obamacare Delay originally appeared on Fool.com.
David Williamson has no position in any stocks mentioned. Follow David on Twitter: @MotleyDavid.The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.