Government Information

Earl Gregg Swem Library

Repealing the Individual Health Insurance Mandate: An Updated Estimate

Categories: Govt Finance,Health Insurance,Laws/Regulations,Taxes

https://www.cbo.gov/system/files/115th-congress-2017-2018/reports/53300-individualmandate.pdf

Concludes that repealing the mandate that requires citizens to have health insurance would reduce federal budget deficits by $338 billion between 2018 and 2027, cause the number of people with health insurance to decrease by four million in 2019 and 13 million by 2027, and cause average health insurance premiums to increase by 10% in most years.  From the Congressional Budget Office