Modern Healthcare July 26, 2017
After failing time and again to drum up enough votes to repeal Obamacare, Republican Senate leaders are now considering taking up a slimmed-down version of their repeal bill, which would preserve the subsidies to buy health insurance and the Medicaid expansion and most of the taxes that pay for it, but would ax the individual and employer mandate.
Insurers warned that if passed, such a “skinny bill” would disrupt the individual insurance market.
Ending the mandate would be catastrophic and “would lead to a death spiral in the individual market,” CareFirst Blue Cross and Blue Shield President and CEO Chet Burrell said. “It is hard to think of anything more devastating, especially if nothing else is done to stabilize the...