As expected, the House bill would MANDATE that individuals and families have or buy health insurance. And for those who do manage to keep their current insurance -- it will cost you...A LOT MORE!
As expected, the House bill would mandate that individuals and families have or buy health insurance.
These two examples show the difficulty of making an individual mandate work. To get people to comply with the mandate, you have to impose a significant tax penalty on those who don’t comply. This will change the calculation for many who were previously uninsured – they will buy health insurance, because the delta between the cost of having insurance and the tax penalty cost of not having it has shrunk, so they might as well buy it.