Time for a PlanSeptember 13, 2017 |
by William Lloyd
Republican candidates got a boost on the eve of last fall’s election when insurers announced big increases in Obamacare premiums for 2017. Unfortunately, the GOP seems intent on making next year’s premium increases even larger.
According to the nonpartisan Kaiser Family Foundation, the combination of decisions by President Donald Trump and uncertainty about what action Congress may ultimately take to repeal and replace Obamacare has caused insurers to request substantially larger premium increases for 2018 than they would have otherwise.