Obamacare’s individual mandate has been repealed as a part of the tax bill that the Senate just signed.
This will save individuals who choose not to purchase health insurance from a massive penalty from the IRS, saving them hundreds, if not thousands of dollars annually, and not forcing Americans to buy health insurance coverage they don’t want.
How much longer will it be until the Senate repeals THE REST of Obamacare? Hopefully it will happen sooner rather than later!
US President Barack Obama gets emotional as he delivers a statement on executive actions to reduce gun violence on January 5, 2016 at the White House in Washington, DC. AFP PHOTO/JIM WATSON / AFP / JIM WATSON (Photo credit should read JIM WATSON/AFP/Getty Images)
From The Hill:
Senate Republicans have approved the repeal of ObamaCare’s individual mandate as part of their tax-cut bill, a major step toward ending an unpopular part of the health-care law.
“Families ought to be able to make decisions about what they want to buy and what works for them — not the government,” Sen. John Barrasso (R-Wyo.) said, hailing the accomplishment.
“I believe if people don’t want to buy the ObamaCare insurance, they shouldn’t have to pay a tax penalty to the IRS.”
The Senate tax bill must still be reconciled with House legislation that does not include the mandate’s repeal. But that is unlikely to be a major issue, given support in the GOP conference for repealing the mandate.
No Democrats in either chamber voted for the GOP tax bills.
It’s unclear what repeal of the mandate will mean for ObamaCare.
Many experts and health-care groups warn that repeal will destabilize ObamaCare markets, leading to premium increases or insurers simply dropping out of certain areas. Without a financial penalty under the mandate for lacking health coverage, there is less incentive for healthy people to sign up and balance out the costs of the sick.
Some experts counter that the effects will not be as severe as others say, given that there are doubts the mandate had a strong effect on people to begin with.

Moderate Republicans are now pushing for bipartisan ObamaCare fixes to help stabilize insurance markets, setting up a showdown with conservatives.
The mandate’s repeal was not part of the original tax-reform measure released by the Senate Finance Committee, and Chairman Orrin Hatch (R-Utah) previously said he wanted to keep the divisive health-care issue separate from taxes.
But President Trump, along with Senate conservatives such as Sen. Tom Cotton (R-Ark.), made a vocal public push for its inclusion.


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