Forecasters who help Congress predict the effects of legislation say repealing the Patient Protection and Affordable Act (PPACA) individual mandate could reduce federal spending by about $311 billion over the period from 2016 through 2025.
Repealing the PPACA individual mandate could also cut federal revenue by about $6 billion, reducing the net effect to $305 billion in savings over the 10-year period, or about $30 billion savings per year.
See also: Dire PPACA predictions: A look back
That would amount to about 0.9 percent of the $3.5 trillion the U.S. federal government spends each year.
Analysts at the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) have published those estimates in a brief discussion of the effects of eliminating the PPACA provision that requires many individuals to have individual coverage or else pay a penalty.
Mandate repeal could also increase the number of U.S. residents who lack health coverage in 2025 to 41 million. If the current rules stay in effect, the number of uninsured people could be about 27 million, the analysts say.
If the forecast is correct, in 2025, the federal government might save about $2,000 in PPACA program costs per additional uninsured individual.