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Repealing individual mandate penalty will cause spike in uninsured: CMS

Posted: 14-Feb-2018

Repealing individual mandate penalty will cause spike in uninsured: CMS

February 14, 2018, Modern Healthcare, Virgil Dickson- The Trump administration is projecting that nearly 8 million people will voluntarily lose insurance in the next eight years as a result of the repeal of the Affordable Care Act's financial penalty for not having health insurance. In all, 37.7 million people will be uninsured by 2026, up from the estimated 30 million in 2018, according to an analysis CMS actuaries released Wednesday. "These estimates assume that some younger and healthier people will choose to be uninsured, particularly those with comparatively higher incomes who would not qualify for premium subsidies in the marketplaces," Gigi Cuckler, senior economist in the office of the actuary at the CMS said at a news briefing. 

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