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7 million more uninsured in a decade after Obamacare individual mandate repeal

7 million more uninsured in a decade after Obamacare individual mandate repeal

The repeal of Obamacare's fine on people who are uninsured will result in 3.3 million more people not having healthcare coverage by 2020, according to a new federal analysis, clashing with other government economists about the expected impact.

Health insurers have warned that without a replacement for the mandate, more companies would leave the Obamacare exchanges, where people can buy tax-subsidized coverage, or premiums would become more expensive.

The same presumptions appeared to play into the actuary report released Wednesday, which was part of a larger report that CMS releases every year projecting healthcare spending.

The larger share of people expected to no longer have health insurance would come from the pool of people who buy their own coverage through the Obamacare exchanges, the CMS actuaries predicted.

The projections show that the number of uninsured will increase by about 600,000 people during this year, an increase of 1.4 million since 2016, when the uninsured number reached a record-low 28.6 million.

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