House Republican leaders are considering removing a provision from their Obamacare repeal bill that would require insurance companies to impose a surcharge on individuals who let their insurance coverage lapse for more than two months, Axios reported Wednesday morning, citing an unnamed senior Republican aide.
The provision, known as a continuing coverage requirement, would let insurers charge people an extra 30 percent on their premium for a coverage lapse of more than two months in order to incentivize buying health care plans.
Conservatives like Sen. Rand Paul (R-KY) opposed that provision, arguing that it was too similar to Obamacare’s individual mandate.
The Congressional Budget Office’s analysis of the legislation also found that the surcharge would not be an effective way to encourage people to buy health insurance. The CBO projected that while more people would initially buy insurance under the bill with that provision, the number of people insured would then drop off after 2018.
Well that should get all the insurance companies to the table. /s
Death by a thousand cuts.
By the time they are done, they’ll have nothing left, but paper cuttings on the floor of the House.
Enough shreds, Dems can use as confetti to toss into the R’s smug faces when this abomination finally goes down.
The whole gang supporting this mess was on every cable news station and the Sunday network chats just a few days ago complaining about folks who were gaming the system by not having continuous coverage.
What happened to that whining talking point? Is that not still an ObamaCare fail?
Expediency.