Actuaries Warn Against Eliminating The Individual Mandate

Healthcare actuaries are warning Senate leadership against repealing the Affordable Care Act's individual mandate as a part of the Republican tax bill, arguing the repeal could cause increased premiums, fewer insurers to participate in marketplaces and 2018 solvency problems. In a Tuesday (Nov.21) letter to Senate Majority Leader Mitch McConnell (R-KY) and Senate Minority Leader Schumer (D-NY), the Health Practice Council of the American Academy of Actuaries also expressed concern that Republicans are not thinking through the policy implications of...