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2 weeks ago
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ARTICLE AD BOX
Ready or not, you’re about to pay a lot more for your Obamacare health insurance unless Congress acts. Don’t say we didn’t warn you!
Rep. Mark Pocan touched on the matter earlier this week when he outlined some of the many, many ways we’re paying more so billionaires can pay less taxes.
On Friday, the nonpartisan health policy analysts at KFF provided some hard data on the rise in Affordable Care Act (Obamacare) premiums. It’s not a pretty picture… unless you’re a billionaire.
The Washington Post calls it the highest premium increase in seven years. The Post reported on KFF's findings:
Health insurers are proposing double-digit price hikes for plans sold through Affordable Care Act marketplaces, as extra federal subsidies for premiums expire at the end of the year and President Donald Trump’s tariffs threaten higher pharmaceutical prices.
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More than a quarter of the [marketplace] insurers are requesting premium increases of at least 20 percent. Last year, just 3 percent of insurers boosted premiums by that magnitude.
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English (US)