CBO: Obamacare Individual Mandate Delay Would Save $35 billionSubmitted by emalvini on Tue, 09/10/2013 - 00:19
CBO: Obamacare Individual Mandate Delay Would Save $35 billion
3:58 PM 09/09/2013
he House bill to delay Obamacare’s individual mandate would save $35 billion dollars, according to a Congressional Budget Office analysis.
After the Obama administration revealed it would not enforce the employer mandate — a requirement that large companies provide their employees health insurance — until January 2015, the House quickly passed a measure that would not only codify that delay, but put off the individual mandate by one year as well.
The CBO found that just a one-year delay of the individual mandate would save $35 billion over ten years. But the basic cost structure of the Affordable Care Act would remain intact.