Young Americans are upset about a costly penalty for not signing up for health insurance that is woven into the Republican-led American Health Care Act, also known as Trumpcare. The GOP House legislation pushed by House Speaker Paul Ryan would eliminate the Affordable Care Act’s individual mandate, which includes a penalty if individual Americans go without coverage. Having young people discouraged from signing up for individual coverage isn’t a good thing if health insurance companies hope to improve their risk pools. Insurers say they need more young and healthy Americans signing up for coverage. Higher penalties have been among the things insurance companies have wanted to encourage greater sales of policies among young Americans.

Source: Forbes March 12, 2017 13:43 UTC