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Senate GOP floats bill to end individual mandate

President Barack Obama expected to veto if bill passes.

Susan Morse, Senior Editor

Senate Republicans on Thursday introduced a bill to repeal the provision of the Affordable Care Act that mandates individuals to get health insurance or pay a penalty.Senate Republicans on Thursday introduced a bill to repeal the provision of the Affordable Care Act that mandates individuals to get health insurance or pay a penalty.

Senate Republicans on Thursday introduced a bill to repeal the provision of the Affordable Care Act that mandates individuals to get health insurance or pay a penalty, according to Reuters.

The move is another effort by the Senate majority to gut Obamacare.

Sen. Orrin Hatch, R-Utah, chairman of the Senate Finance Committee, and Sen. Lamar Alexander, R-Tenn. who heads the Senate Health, Education, Labor and Pensions Committee, got backing from 20 other Republican co-sponsors in the bill titled the American Liberty Restoration Act.

President Obama is expected to veto the measure should the bill come to a vote.

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The individual mandate supports the core of Obamacare’s financial workability in encouraging younger Americans to sign up for health coverage. Without the mandate, coverage costs would be expected to increase, unsettling insurance markets.

Fines for the uninsured kick in for the first time this tax season.

The individual health insurance mandate survived a 2012 U.S. Supreme Court challenge seeking to overturn it on constitutional grounds. 

Twitter: @SusanMorseHFN