About 8.8 million people signed up for 2018 health coverage on HealthCare.gov during this year’s open enrollment period ending Dec. 15, compared to 9.2 million sign-ups for 2017 coverage and 9.6 million for 2016 coverage.
Congressional repeal of Obamacare’s individual insurance mandate penalty is not tantamount to pressing the button on the doomsday machine.
“I have always supported the freedom to choose. I believe that the federal government should not force anyone to buy something they do not wish to buy in order to avoid being taxed,” Murkowski wrote in Alaska newspaper the Daily News-Miner.
The crucial rationale for the individual mandate was that somebody had to subsidize the premiums of older sicker people. That “somebody” was young healthy people who, faced with exorbitant premiums to pay for somebody else’s coverage, would logically walk away from the insurance market altogether.
The mandate was always more of a “nanny tax” than a way to raise government funding. Democrats included it in the law to force the young and healthy to buy into the government-run health exchanges so as to offset the high cost of the old and very sick.
Senate Republicans announced Tuesday that their draft of the tax reform bill will repeal a key feature of Obamacare that penalizes consumers for choosing to go uninsured, in a move that could imperil the legislation by alienating centrists.
The chairman of the House Ways and Means Committee says Republican’s tax plan unveiled Thursday could potentially include a repeal of the individual health care mandate in Obamacare.
U.S. District Judge Vince Chhabria of California preliminary rejected a lawsuit Wednesday from states challenging the Trump administration’s decision to stop paying out Obamacare subsidies.
Republican Senator Bill Cassidy claimed Wednesday on CNN that middle and lower-income families pay the majority of individual mandate penalties under Obamacare. Is that true?
Republican voters overwhelmingly believe Obamacare should be repealed, even though party leaders in charge of Congress appear to be ready to move on.
A government watchdog reported Tuesday that the remaining six Obamacare CO-OPs don’t “appear to be financially viable and sustainable.”