Marketplace®

Daily business news and economic stories

Actually, Obamacare will force some of you to change plans

2 to 3 percent of people who currently purchase their own insurance will need to switch to a new plan.

As it turns out, some Americans will be forced to switch health care plans because of the Affordable Care Act. Jonathan Gruber, professor of economics at the Massachusetts Institute of Technology who helped design Obamacare, joins David Brancaccio to discuss.

Among the 5 to 6 percent of Americans who purchase their own health insurance, about half will need to make the switch to Obamacare. Gruber says those folks have sub-par plans. So for some, Obamacare could cost more money. For the older and sicker, it could actually be a better deal.  

“I urge listeners to … go online and compare, and in particular take into account the tax credits, which may leave them paying less than they are today,” Gruber said.

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    6 hours ago
    25:25
  • Make Me Smart
    10 hours ago
    52:42
  • Marketplace Morning Report
    14 hours ago
    6:38
  • Marketplace Tech
    19 hours ago
    4:27
  • This Is Uncomfortable
    8 days ago
    4:41
  • Million Bazillion
    a month ago
    32:45