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Some families to be priced out of health overhaul

Some families could get priced out of health insurance due to what's being called a glitch in President Barack Obama's overhaul law. IRS regulations issued Wednesday failed to fix the problem as liberal backers of the president's plan had hoped.

By Ricardo Alonso-Zaldivar | Updated on January 31, 2013
President Barack Obama waves to reporters as he walks on the South Lawn of the White House in Washington. (AP Photo/Charles Dharapak)

WASHINGTON (AP) — Some families could get priced out of health insurance due to what’s being called a glitch in President Barack Obama’s overhaul law. IRS regulations issued Wednesday failed to fix the problem as liberal backers of the president’s plan had hoped.

As a result, some families that can’t afford the employer coverage that they are offered on the job will not be able to get financial assistance from the government to buy private health insurance on their own. How many people will be affected is unclear.

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