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CBO: Repeal of Obamacare individual mandate lowers cost of CHIP

Friday, January 5, 2018 21:51

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Via Billy

The repeal of Obamacare’s individual mandate penalties in the tax bill has lowered the projection for how much the government will spend on medical coverage for children, according to a government report released Friday.

The Congressional Budget Office and the Joint Committee on Taxation predict that the repeal of the penalties for the individual mandate, which required people to buy health insurance or pay a fine, will lower the cost of the Children’s Health Insurance Program, or CHIP. The agencies project in their report that without the mandate fewer parents will sign their children up for CHIP than otherwise would have if it had remained in place.

More @ Washington Examiner

Source: http://freenorthcarolina.blogspot.com/2018/01/cbo-repeal-of-obamacare-individual.html

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