California Health Insurance Premiums Projected to Rise Under GOP Tax Plan
Republican Tax Plan Expected to Drive Up California Health Insurance Costs
Republicans’ $1.5 trillion tax bill scraps the so-called individual mandate in Obamacare, requiring most Americans to have insurance or pay a tax penalty. According to IRS data from the latest year available, nearly 778,000 Californian tax filers paid the fine in 2015—year two of the Affordable Care Act—and paid $377 million in fines. 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.
