Hill January 6, 2020
The ObamaCare market is “stable” and profitable for insurers despite the repeal of the law’s mandate to have coverage, a new analysis finds.
When Republicans repealed the health law’s mandate to have coverage in the 2017 tax law, many Democrats and some policy experts warned the move would cause chaos in the markets as healthy people dropped coverage, leaving only sick, expensive patients remaining.
But the analysis from the Kaiser Family Foundation released Monday finds that the fears largely did not come to pass in 2019, the first year without the individual mandate, demonstrating a measure of resilience to the health law.
“Results from the first nine months of 2019 suggest that the individual market remains...
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