NCPSSM — Former Secretary of Health and Human Services Tom...

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“Former Secretary of Health and Human Services Tom Price, now safely out of power, said Tuesday that Republicans’ repeal of Obamacare’s individual mandate will “harm” the individual insurance marketplace.
“That may help, but it still is nibbling at...

Former Secretary of Health and Human Services Tom Price, now safely out of power, said Tuesday that Republicans’ repeal of Obamacare’s individual mandate will “harm” the individual insurance marketplace.

“That may help, but it still is nibbling at the side,” Price told this year’s World Heath Care Congress in Washington, D.C., according to audio of Price’s speech shared with TPM by event organizers. The Washington Times first reported Price’s remarks.

“And there are many, and I’m one of them, who believes that that actually will harm the pool in the exchange market, because you’ll likely have individuals that are younger and healthier not participating in that market, and consequently, that drives up the cost for other folks within that market,” he added.

via Talking Points Memo.

Related Reading:

The bill’s repeal of the Obamacare individual mandate will result in 13 million Americans losing coverage, and an average $1,500 hike in health insurance premiums for older adults aged 50-64.

Source: bit.ly
politics obamacare healthcare health care p2 elderly older americans individual mandate seniors retirement retirees retirement crisis entitlements entitlement reform earned benefits ACA affordable care act tom price republicans GOP

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