Is mandating health insurance unconstitutional
"This feels like picking a scab the American public wants healed," Slavitt said."The most important thing is nothing changes for consumers," in the short term he said.If a health insurance risk pool is large enough and has enough healthy people paying premiums, then there will be enough money available to cover the costs of those who get sick.The rationale behind the individual mandate is that if everyone is required to have insurance—especially healthy people—the risk pools will be broad enough to lower premiums for everyone, even those with expensive medical conditions."This (case) is to going to go on and likely drag on for a couple of years."© 2019 CNBC LLC. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes.
Taxpayers are penalized for lacking coverage for themselves and for their dependents.
Sign-ups on the federal health insurance marketplace have been low this season, tumbling 11.7 percent from the same time last year, according to the latest figures from Centers for Medicare and Medicaid Services.
While President Donald Trump was previously unable to repeal Obamacare, he was able to dismantle key parts of it that several health policy researchers are blaming for much of the drop in enrollment this year.
Health insurance, like other kinds of insurance, works by creating "risk pools," which are groups of policyholders.
In a typical risk pool, everyone pays insurance premiums, but only some will file claims.
He applauded the judge's ruling in a tweet late Friday.