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Recent trends of Obamacare

Some great content this week on the ramifications of the Affordable Care Act.  If you’re not familiar with the nuts and bolts of Obamacare, click here for a great read on the key provisions that go into effect in 2014.  Additionally, there are continued reports of a significant percentage of uninsured who are undeterred by the tax penalties of living with health insurance.  Per a study by Bankrate.com, over 50% of people without insurance are unaware of the March 31 deadline to get covered and even more uninsured (70%) are unaware of the available government subsidies.  Those are embarrassing figures when you consider the Obama administration will spend at least $684 million on a marketing campaign to educate the public about the Affordable Care Act.  And if you don’t think the changes in healthcare will affect you – pay close attention to your bill next time you go out to eat.