Health care partner Tom Bulleit (Washington, D.C.) is quoted in a March 8 article in Bloomberg Government and Bloomberg BNA’s Health Care Daily Report on the impact of the House Republican’s American Health Care Act.
Mr. Bulleit explains that by eliminating the Affordable Care Act (Obamacare) individual mandate, which requires most Americans to have health insurance or face tax penalties, fewer people would buy insurance and more insurers would back out of the market. Under the Republican plan health insurers will like the fact that they will be able to offer lower cost policies with limited coverage, but they will receive less in subsidies.
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