Business Insider May 24, 2018
Bob Bryan

  • Republicans repealed Obamacare’s individual mandate in their tax reform law, which President Donald Trump said was effectively a repeal of Obamacare.
  • A new Congressional Budget Office report shows that fewer people will leave the Obamacare market due to the mandate repeal than previously thought.
  • Part of the reason, the CBO said, was because people value health coverage more than before Obamacare was passed.

Even after sustaining a major blow from Republicans, Americans may not ditch Obamacare as quickly as previously thought.

The new GOP tax reform law contained a provision that virtually eliminated Obamacare’s individual mandate, which requires all Americans to purchase health coverage or face a penalty. After Congress passed the tax law, Trump claimed that...

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Topics: ACA (Affordable Care Act), Govt Agencies, Insurance, Payer, Public Exchange
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