CBO: 13 Million More Uninsured By 2027 If Individual Mandate Repealed

FILE - In this May 18, 2017 file photo, the Healthcare.gov website is seen on a laptop computer, in Washington. Former Obama administration officials say they're launching a private campaign to encourage people to si... FILE - In this May 18, 2017 file photo, the Healthcare.gov website is seen on a laptop computer, in Washington. Former Obama administration officials say they're launching a private campaign to encourage people to sign up for coverage next year under the Affordable Care Act. With the start of open enrollment just weeks away on Nov. 1, the Trump administration has slashed "Obamacare's" ad budget, as well as grants to outside organizations that are supposed to help consumers sign up. (AP Photo/Alex Brandon, File) MORE LESS
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November 8, 2017 5:05 p.m.

Repealing Obamacare’s individual mandate would increase the number of uninsured people by 13 million by 2027, the Congressional Budget Office said in a new estimate Wednesday.

Earlier this month, the White House and some in Congress briefly floated that they would try to repeal the individual mandate as part of Republicans’ tax cut proposal. The idea landed with a thud. Republicans in both chambers have repeatedly attempted to pass legislation to erase former President Barack Obama’s signature legislative achievement, to little avail and increasing frustration from the Trump administration.

According to the CBO, repealing the individual mandate would save $338 billion between 2018 and 2027. Four million more people would be uninsured by 2019 as a result of the mandate’s repeal, the CBO said.

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The CBO further estimated that a mandate repeal would increase premiums 10 percent “in most years” of the following decade, relative to the office’s baseline projections.

The non-partisan office, whose analyses of the effects of Republicans’ Obamacare repeal efforts have come under partisan attack in recent months, said the estimate was not based on specific legislative language, but rather on the prospect of simply removing penalties for individuals without insurance coverage who are not exempt from the mandate under the current law.

The analysis was completed alongside the staff of the Joint Committee on Taxation, the CBO said.

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