Not exact matches
For hospitals, an increase in
uninsured people means
fewer paying customers.
By 2026, 22 million
fewer Americans would have health coverage and enrollment in the Medicaid safety net program for the poor «would fall by about 16 percent and an estimated 49 million
people would be
uninsured, compared with 28 million who would lack insurance that year under current law.»
This past summer, when Congress considered ditching the individual mandate as part of a «skinny repeal» — an effort that ultimately failed — the CEO of America's Health Insurance Plans cautioned Senate Majority Leader Mitch McConnell and Minority Leader Chuck Schumer that, should the mandate go, «premiums will rise rapidly,
few or no affordable coverage options will be available and more
people will be
uninsured.»
West Virginia is one of the
few states that has a maximum cap for
uninsured motorists, at $ 100,000 per
person for physical injury.
The Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) estimate the repeal of the individual mandate will result in over ten million additional
uninsured individuals by 2027 and save the government over $ 300 billion over a ten - year period, as
fewer people are insured and no longer qualify for the ACA's premium tax credits.