The only part of the Republican effort to repeal the Affordable Care Act (ACA, “Obamacare”) that was actually enacted was the repeal of the individual mandate. The individual mandate required all individuals to either have health insurance or pay a fine. Both the individual mandate and the fine were repealed effective January 1, 2019. The fine was very small, so it did not really ever serve as an inducement to get health insurance.
Open season for 2019 Obamacare enrollments starts on November 1, 2019. Controversies aside, what will the impact of the repeal of the individual mandate and the fine have on 2019 enrollments? This is really beyond the ability of common sense, economics, or the social sciences to answer precisely. But we can hazard a few predictions.
The upshot of all of this for 2019 enrollments appears to be that the repeal will have little impact, depending on the public’s knowledge of the ACA. Many people, for example, thought that the repeal of the individual mandate and the fine took effect immediately. In 2018, around 8.8 million people signed up for ACA plans. This was only 400,000 less than for 2017. An informed guess is that the 2019 enrollments will be roughly in line with the 2017 and 2018 enrollment numbers.
All of this means Obamacare is still available and that if you want health insurance at a reasonable price, it may be available to you. Your best move is to contact a professional Healthcare insurance agent to see what plans are available in your area. Visit Healthcare Insurance Company for assistance or call them at (815) 401-8383.