Mr. Money Mustache has an interesting post on the effects of Obama Care on his budget. Setting aside whether you think Obama Care is right or wrong you have to admit that if you are considering taking a financial risk as an entrepreneur or considering starting retirement early you are going to be pleased. MMM retired at 30 on an income of about $25K/yr which he's able to draw from his savings using what is known as the 4% rule. If you draw no more than 4% of your savings it is expected the money would last you forever. If you think you'd need $25K you'd need to save $625K. He gave himself a bit of a cushion and saved $800K. He'd eliminated his mortgage debt, so that's a big help towards a goal of lower income needs. And with more time available he's able to cook, ride his bike, and do other things the time strapped sometimes struggle with and this allows him to survive on little.
He had a high deductible health care plan prior to Obama Care. But now if he had continued to have an income of $25K/yr in Colorado his plan would be completely subsidized. Turns out he's making money from his website and other things, so he's earning too much to qualify for a subsidy, but others that plan to retire early in the way he did when he was 30 would be all set.
This is a truly freedom enhancing prospect for a lot of people. Years back I'd mentioned in a comment that I always thought it would be kind of cool to hike the Appalachian Trail. But that's a several month long project. You'd have to either go without health insurance or buy a plan yourself, which of course is expensive. And if you had a hard time getting another job after finishing you could deplete the savings. It wouldn't have been impossible for a guy like me, but this makes it easier.
As some commentators might point out, you can hike the Appalachian Trail and work for yourself. While that is true starting out in that way though is financially risky. If it works out and you're making plenty of money, then great. If not then you now have to deal with the insurance problem once again. Obama Care basically says that if your business venture fails you still have health care without breaking the bank. That's pretty cool.
I suppose you don't want to be residing in any of the 26 states that are refusing Medicaid expansion. So if you early retire choose your place of residence carefully.