Will Obamacare – ACA survive without the Individual Mandate?

“The Congressional Budget Office predicts that four million fewer people would be covered in the first year the repeal would take effect. That number would rise to 13 million by 2027, as compared to current law. Meanwhile, premiums would rise by about 10% in most years of the decade.”

The rest of the law, meantime, remains intact,  include protections for those with pre-existing conditions, the requirement that insurers provide comprehensive coverage, subsidies to reduce premiums of low- and moderate-income consumers and the expansion of Medicaid to low-income adults

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Idaho allows non ACA plans – lawsuits expected  – Modern Health Care

The Trump administration is projecting that nearly 8 million people will voluntarily lose insurance in the next eight years as a result of the repeal of the Affordable Care Act’s financial penalty for not having health insurance. In all, 37.7 million people will be uninsured by 2026, up from the estimated 30 million in 2018, according to an analysis CMS actuaries released Wednesday.

“These estimates assume that some younger and healthier people will choose to be uninsured, particularly those with comparatively higher incomes who would not qualify for premium subsidies in the marketplaces,” Gigi Cuckler, senior economist in the office of the actuary at the CMS said at a news briefing.  Learn more ==> Modern Health Care

Bibliography & Links

CNN Trump thinks he quietly repealed ACA Obamacare CNN.com 12.20.2017

“Will Obamacare survive the tax bill?”

“Individual mandate repeal to be included in Senate’s tax bill.”

Section 5000 A with our markup showing the new law.

 

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