ObamaCare's insurance exchanges, intended to increase competition in insurance markets, are actually far less competitive than the pre-ObamaCare markets, according to a Heritage Foundation report.
Under a proposed federal regulation, insurance exchanges would have the option of reassigning some exchange enrollees to cheaper health plans than the ones they selected in the past.
As 2014 nears its close, Americans without insurance are running out of time to avoid the significant ObamaCare penalties that are scheduled to hit in 2016. The deadline to avoid the penalties is February 15, 2015. Uninsured Americans will be faced with a fines of $325 per adult or two percent of family income, whichever is higher. But whether the IRS will be able to effectively enforce the individual mandate remains to be seen.