Blue Cross And Blue Shield Association: Individual Mandate Key To Affordability
July 17, 2013
WASHINGTON – The Blue Cross and Blue Shield Association issued the following statement today in response to the House vote to delay the Affordable Care Act’s individual mandate provision:
“The Blue Cross and Blue Shield Association continues to be very concerned about the consumer impact of proposals to delay or repeal the Affordable Care Act’s individual mandate while leaving in place insurance reforms such as guarantee issue and community rating.
“In states that have enacted these reforms without an individual mandate, premiums quickly skyrocketed and millions of Americans found themselves unable to afford health insurance. The nonpartisan Congressional Budget Office has estimated that repeal of the individual mandate would lead to premium increases of 15-20 percent.
“Guarantee issue and community rating market reforms are unworkable without an accompanying requirement to obtain health insurance. These reforms and the individual mandate must go hand-in-hand to prevent the problems that arise when people purchase insurance only when they need it.”