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Idea Transcript
November 15, 2017
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Senate Republicans have attached a provision to their tax overhaul that would repeal the Affordable Care Act's requirement that all Americans have health insurance. Repealing it is a long-sought goal of Republicans, who see it as onerous.
Senate Republicans have attached a provision to their tax overhaul that would repeal the Affordable Care Act's requirement that all Americans have health insurance. Repealing it is a long-sought goal of Republicans, who see it as onerous. Eliminating the mandate could free up federal tax revenue because it would mean fewer households buying insurance and thus fewer applying for federal health-care subsidies or for Medicaid. The mandate repeal would save more than $300 billion over a decade but result in 13 million fewer Americans being covered by health insurance by the end of that period, according to the Congressional Budget Office. Average health insurance premiums in the individual market would increase by about 10%, but insurance markets would remain stable in almost all parts of the country, the budget office found. In a letter on Tuesday, groups representing doctors, hospitals, and insurers urged congressional leaders to keep the individual mandate in place. The groups, which included the American Medical Association and America’s Health Insurance Plans, wrote that "eliminating the individual mandate by itself likely will result in a significant increase in premiums, which would in turn substantially increase the number of uninsured Americans." New York Times (11/15/17) Kaplan, Thomas; Tankersley, Jim