New Year, New News: CHiP, taxes, and Obamacare

The video discusses the Children's Health Insurance Program (CHIP) funding crisis and Congress's temporary solution. It highlights the repeal of the individual mandate in the tax bill and its potential impact on health insurance markets. Despite challenges, ACA enrollment numbers remained high. The video speculates on the future of health insurance without a mandate and the possibility of adverse selection.

What was the main issue with the Children's Health Insurance Program (CHIP) discussed in the video?

• It was replaced by a new insurance program.

• It was overfunded by Congress.

• It ran out of funds and Congress failed to reauthorize it.

• It was expanded to cover more children.

What significant change regarding health insurance was included in the tax bill passed in late 2017?

• Introduction of a new insurance program.

• Expansion of Medicaid.

• Increase in insurance premiums.

• Repeal of the individual mandate.

How did the Trump administration reportedly interfere with ACA enrollment?

• By extending the open enrollment period.

• By increasing the advertising budget.

• By shortening the open enrollment period and cutting the advertising budget.

• By providing more navigators.

What is a potential consequence of the repeal of the individual mandate?

• Adverse selection leading to a 'death spiral.'

• Increase in healthy people buying insurance.

• More government subsidies for insurance.

• Decrease in insurance prices.

What might still encourage people to buy insurance despite the repeal of the mandate?

• Personal health needs and security.

• Higher insurance premiums.

• Lack of advertisements.

• Increased government penalties.