(KRON/CNN) — Obamacare premiums will rise an average of 18 percent next year due to GOP-backed changes to the health law, a new study finds.
The Urban Institute released a new report on Monday that the combination of repealing Obamacare’s individual mandate and expanding access to cheaper health insurance policies known as short-term plans will lead to the premium increase.
The study estimates that with the mandate’s elimination, as well as the reduced federal support of open enrollment, more than 6 million fewer people will have health insurance by next year.WHAT OTHERS ARE CLICKING ON:
- SWARM OF SMALL EARTHQUAKES RATTLE DANVILLE
- VIDEO: BAY AREA SEES RECORD-BREAKING LOW TEMPS, HAIL & SNOW
- SANTA CRUZ COUPLE CARJACKED AT GUNPOINT DURING MEXICO TRIP
- FBI JOINS IN SEARCH FOR MISSING 5-YEAR-OLD BOY
- ANGRY MOB BEATS RAPE, MURDER SUSPECTS TO DEATH
- GET KRON4 NEWS ON YOUR AMAZON ALEXA DEVICE