“..even a person who can afford to pay these insurance premiums would do well to cancel the coverage and just pay the fine.”
Well - except then they wouldn’t have insurance. Although I really should look into that. Except then I’m not even covered for catastrophic. That’s all I ever wanted. Low premiums and a high deductible just to cover the really bad stuff. Now paying 4x as much, with fewer benefits.
And it will end up being like SS - even “conservative” republicans won’t do anything about it.
You can sign up for insurance after you get sick. Another idiotic provision of ObamaCare forces insurance companies to cover you anyway.