Mandate Repeal Sparks Fears of Premium Hikes
from The Hill
The move by Senate Republicans to repeal Obamacare’s individual mandate could plunge insurance markets into uncertainty, leading to premium hikes or insurers dropping out of the market, experts say. The mandate requires most people to either have health insurance or pay a fine. It was designed to ensure that people don’t wait until they are sick to buy health insurance, since Obamacare also bars insurers from denying coverage based on pre-existing conditions.
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