One point that’s been coming up often in the current health insurance debates is that eliminating the Affordable Care Act individual coverage mandate would inevitably make insurance market problems worse.
I disagree: Eliminating the individual mandate won’t necessarily create an unstable risk pools, despite the claims of the health insurance industry.
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The ACA mandate is largely ineffective.
Nearly nine of 10 the people who don’t have health insurance don’t have to pay the penalty, because there are many exemptions.
Even under the current ACA individual mandate rules, developed by the Obama administration, consumers who earn too little, and would have to spend more than 8.15% of their taxable income on premiums, don’t have to pay the penalty.