A federal health law mandate delay bill could save about $36 billion over a five-year period, with about half of the savings coming from reductions in Medicaid and the Children’s Health Insurance Program enrollment.
The Patient Protection and Affordable Care Act mandate delay bill could increase the total number of uninsured people to about 55 million in 2014, compared with 44 million if the PPACA mandates take effect on time, according to analysts at the Congressional Budget Office and the Joint Committee on Taxation.
The PPACA mandate delay could cut Medicaid and CHIP enrollment by 5 million; commercial individual policy ownership by 2 million; and employer plan enrollment by 4 million.
The analysts also predict that the mandate delay bill would increase commercial individual health premium, because insurers would still have to sell coverage on a guaranteed-issue basis, without basing premiums on applicants’ health status.
“Those features would be most attractive to applicants with relatively high expected costs for health care,” the analysts say.
The CBO and JCT analysts have published their figures in a review of H.R. 2668, the Fairness for American Families Act bill.