ObamaCare mandate says goodbye in 2019, as health law faces new threat
https://www.foxnews.com/politics/ob...oodbye-in-2019-as-health-law-faces-new-threat
The Affordable Care Act will lose its teeth in 2019, as the penalty for not buying insurance disappears – leaving the health care law’s future as murky as ever.
On one hand, recently released enrollment numbers indicate the system may be able to survive the elimination of the so-called individual mandate penalty – which was stripped as part of last year’s tax overhaul.
While the requirement to buy insurance was considered a crucial part of the original law, enrollment dipped but did not dive in anticipation of that penalty disappearing. The official numbers show enrollment in the 39 states that use the federal exchange declined by 4.2 percent from last year – from roughly 8.8 million to 8.5 million.......
.......“The funny aspect to the individual mandate is that it mostly was [threatening] to penalize people who were already going to buy insurance anyway,” said Robert Graboyes, a senior research fellow and health scholar at George Mason University’s libertarian-oriented Mercatus Center.
In other words, Graboyes said, the vast majority of people who signed up on the government-run portal did not need the threat of a penalty........
https://www.foxnews.com/politics/ob...oodbye-in-2019-as-health-law-faces-new-threat
The Affordable Care Act will lose its teeth in 2019, as the penalty for not buying insurance disappears – leaving the health care law’s future as murky as ever.
On one hand, recently released enrollment numbers indicate the system may be able to survive the elimination of the so-called individual mandate penalty – which was stripped as part of last year’s tax overhaul.
While the requirement to buy insurance was considered a crucial part of the original law, enrollment dipped but did not dive in anticipation of that penalty disappearing. The official numbers show enrollment in the 39 states that use the federal exchange declined by 4.2 percent from last year – from roughly 8.8 million to 8.5 million.......
.......“The funny aspect to the individual mandate is that it mostly was [threatening] to penalize people who were already going to buy insurance anyway,” said Robert Graboyes, a senior research fellow and health scholar at George Mason University’s libertarian-oriented Mercatus Center.
In other words, Graboyes said, the vast majority of people who signed up on the government-run portal did not need the threat of a penalty........
