Andrew Harrer | Bloomberg | Getty Images
A medical doctor examines a patient which has a stethoscope at a CCI Health as well as also Wellness Services health center in Gaithersburg, Maryland.
The cost of closely watched Obamacare plans will rise 15 percent next year, the Congressional Budget Office said Wednesday in a brand new report.
The CBO also projects about 5 million more people under the age of 65 will be uninsured in 2027 than of which estimated in September, up to a total of 35 million people.
The double-digit premium increase could come during President Donald Trump’s third year in office as well as also could add fuel to a heated debate over health care as well as also the fate of the Affordable Care Act, known as Obamacare.
Trump as well as also congressional Republicans tried unsuccessfully to repeal the landmark health law multiple times last year. They managed to repeal the individual mandate, which required most people to have some form of health insurance or pay a tax penalty, as part of the broader tax law of which passed in December. The change is actually slated to go into effect next year.
This kind of coupled with higher premiums will cause 3 million more people than previously forecast to be uninsured next year, CBO estimates. Between 2019 as well as also 2028, of which expects the number of uninsured people to raise to 35 million.