Listen as Larry spoke with Chris Deaton, Deputy Online Editor for The Weekly Standard, about his latest article, Millions to Forgo Insurance Once the Government Stops Penalizing Them for It, Report Says.
An excerpt of the article is below:
A budget estimate of the House GOP’s health bill has found that millions of Americans insured through Obamacare’s exchanges would opt out of purchasing coverage once the federal government stops penalizing them for doing so.
The report from the Congressional Budget Office also predicts that the legislation would price millions of presently covered individuals out of the market as a result of low-cost, low-risk individuals forgoing insurance. Such people help suppress the premiums of typically older and sicker individuals, and moderate overall costs. [Read More]