The individual mandate is one of the key provisions that is said to make the Patient Protection and Affordable Care Act financially viable by getting young, healthy people who often forgo health insurance to join the insurance pool. But that mandate is not necessarily cheap for the American taxpayer.
According to a new report from the nonpartisan Congressional Budget Office, repealing the provision would save the federal government approximately $300 billion over the next decade. Most of that savings would come from fewer seeking the subsidies that most people who enroll in individual plans on the exchange seek from the federal government to help pay for their insurance.
Opponents of the PPACA may be tempted to view the figures as obvious evidence that the law is too costly to justify.
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