California health insurance premiums expected to rise under Republican tax plan

Republicans’ $1.5 trillion tax bill scraps the so-called individual mandate in Obamacare that requires most Americans to have insurance or pay a tax penalty. Nearly 778,000 Californian tax filers paid the fine in 2015 – year two of the Affordable Care Act – and paid $377 million in fines, according to IRS data from the latest year available.

I think there will be Californians who will choose to be uninsured again, and take their chance,” Kominski said. “It’s likely to be younger, healthier people than older, sicker people.

Read the entire article here.

Scroll Up