THE IRS RECENTLY ANNOUNCED THAT OBAMACARE MANDATED COVERAGE FOR A FAMILY OF FOUR WILL COST $20,000/FAMILY.
The Obamacare "tax"/penalty for NOT buying coverage is only $2500 for that family of four.
If this is correct, then no business is going to offer - and no breadwinner is going to choose to BUY - healthcare insurance; they will ALL choose to pay the IRS $2500 (saving around $7500/family - assuming the average business contributes half of the cost of the insurance).
As a result, dozens and dozens of MILLIONS of people and households will exit the PRIVATE healthcare insurance market - and this will make it actuarially unsound. Private healthcare insurers will exit the market effectively creating a single-payer socialist healthcare system.
I'd believe that this was a bug of Obamacare, (a result of the fact that it was a HUGE bill that wasn't properly thought-out or properly vetted), if this seemingly unanticipated "side-effect" wasn't what the backers of Obamacare all really wanted in the first place.
Therefore, I believe this was a hidden feature of Obamacare, and its stealth goal all along.
And remember: once private insurers exit the business, they would probably never re-enter.
Time will tell.