The individual mandate – viewed by many as an essential component of the ACA/Obamacare in order to maintain insurance market stability – was officially repealed this week with the passage of the GOP tax bill. Health Affairs has compiled a list of resources discussing the possible implications of mandate repeal.
According to health policy expert Timothy Jost:
“The CBO, in its most recent analysis of the individual mandate repeal proposal, projected that repeal would result in four million more uninsured by 2019, 13 million more by 2027. Repeal would increase premiums in the individual market by 10 percent or more in most years…But the repeal of the individual mandate penalty will not by any means bring an end to the ACA. The numbers who lose coverage will likely be much smaller than the CBO estimates.”
Continue reading Health Policy Updates: December 23 2017
An analysis describing the developing Republican proposals for ACA/Obamacare replacement were leaked to the media last week. Vox.com’s Sarah Kliff describes the results that these plans would have if enacted.
“The analysis includes graphs on what the Republican plan to overhaul Obamacare’s tax credits, generally making them less generous, would do. They are based on the recent 19-page proposal that Republican leadership released about their plan to repeal and replace Obamacare…In the individual market, enrollment would fall 30 percent… “
Continue reading Health Policy Updates: February 25 2017
For anyone interested in the health care spending (and its growth) in the Unites States, Health Affairs has recently given a great historical review of the topic. This post tracks the rate of growth since the 1960s, and also offers some explanation as to why the rate of growth has slowed or accelerated at different times.
“The growth in prices for personal health care goods and services averaged 4.7 percent between 1961 and 2013, faster than the average growth in economy-wide prices (as measured by the GDP price index) of 3.5 percent over the period. The year-to-year differences in personal health care and economy-wide price growth reflect excess medical inflation, which has varied significantly over time.” Continue reading Health Policy Updates: November 29 2015
Growth in health care spending, low for the past several years for reasons that are still unclear, has been increasing again. This is reflected in a new projection of health care spending over the next decade.
“Recent historically low growth rates in the use of medical goods and services, as well as medical prices, are expected to gradually increase.” Continue reading Health Policy Updates: September 19 2015