GOODMAN: A Positive Unintended Consequence of ObamaCare

By John Goodman Filed under New Health Care Law on September 10, 2013

Get ready for high-deductible insurance: MW-BD157_health_MD_20130523170421

ObamaCare is likely to make high-deductible policies more common. Companies that face penalties if they don’t offer coverage are seeking inexpensive health plans to fulfill the law’s requirements. According to a survey by consulting firm Towers Watson of businesses with at least 1,000 workers, 79 percent intend to offer a high-deductible policy next year. At almost a quarter of the companies, it will be the only offering available. In August, FedEx (FDX) told its 225,000 U.S. workers it would provide only high-deductible coverage in 2014.

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