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Smokers may not be able to afford ‘Obamacare’
The Seattle Times / The Associated Press ^ | January 24, 2013 | Ricardo Alonzo-Zaldivar
Posted on January 25, 2013 2:25:58 AM EST by 2ndDivisionVet
Millions of smokers could be priced out of health insurance because of tobacco penalties in President Obama’s health-care law, according to experts who are teasing out the potential impact of a little-noted provision in the massive legislation.
The Affordable Care Act — or “Obamacare” — allows health insurers to charge smokers buying individual policies up to 50 percent higher premiums starting next Jan. 1.
For a 55-year-old smoker, the penalty could reach nearly $4,250 a year...
(Excerpt) Read more at seattletimes.com ...