Why we didn’t need Obamacare.
In 1996 we had Kennedy-Kassebaum which was intended to fix the health care problem. It gave self employed the Medical Savings Account, a forerunner to the newer Health Savings Account. “They” were paranoid too many self employed would take advantage of this new tool, so they capped the number at 700,000 eligible participants in the country. We never got near that much participation initially and they have tinkered with it ever since. There are so many rules and regulations that continue to bog down “the system” and make it so honest men can’t comply. Kennedy-Kassebaum Law Means Greater Fraud Scrutiny …