What if we don't need the individual mandate after all?
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The Republican Party will likely pass its massive overhaul of the U.S. tax code this week. And in the process, they're going to kill ObamaCare's individual mandate.
Many Democrats are freaking out over the impending death of the individual mandate, which demands that every American obtain health insurance. And it's not hard to see why: The nonpartisan
Congressional Budget Office (CBO) estimates that scrapping the mandate will lead to 13 million fewer people with health insurance by 2027, and a 10 percent jump in premiums.
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Jeff Spross was the economics and business correspondent at TheWeek.com. He was previously a reporter at ThinkProgress.