CBO: Year's delay of ACA employer mandate carries price of $12B

The White House's decision to delay by a year the Affordable Care Act's employer mandate will cost $12 billion, according to the new estimate released Tuesday by the Congressional Budget Office. A big part of the cost increase comes from revenue lost as the government will not collect penalties from employers that fail to provide health insurance until 2015. Approximately half of individuals who would have gained employment-based coverage without the delay will be without coverage next year, the CBO wrote in a letter to House Budget Committee Chairman Paul Ryan, R-Wis.

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