Showing posts with label smokers. Show all posts
Showing posts with label smokers. Show all posts

Monday, January 28, 2013

Obamacare Targets Smokers With Higher Premiums

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. A 60-year-old could wind up paying nearly $5,100 on top of premiums...more