Did Obamacare’s individual mandate work?

By Kimberly Leonard

Published June 19, 2017 4:01am ET

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Did Obamacare’s individual mandate work? — Under Obamacare, the penalty for not having health insurance is $695 for an individual, or 2.5 percent of income, whichever is higher. By comparison, a recent Health and Human Services report found that unsubsidized premiums on the exchange averaged $5,712 a year in 2017. | adventtr

Few provisions in Obamacare are more hated by Americans than the individual mandate requiring people to buy government-approved insurance or pay a fine.

And as Republicans look to revamp the healthcare system, experts disagree about the extent to which the provision did what it was intended to do: Get more people to purchase health insurance who otherwise wouldn’t.

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