New numbers on healthcare costs highlight, yet again, how much of a dereliction of duty it will be if congressional Republicans don’t take another crack this year at replacing Obamacare.
The Congressional Budget Office reported on Wednesday that premiums for the basic Obamacare plan will rise 15 percent next year, despite overall price inflation in the rest of the economy remaining at or below 2 percent.
The huge price hikes will not be a one-time thing, either. “Going forward, the agency projects premiums will increase an average of 10% a year between 2019 and 2023 and then 5% annually between 2024 and 2028,” reported CNN.
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