OBAMACARE’S POISON WELL: Republicans during July Fourth recess are confronted with prospect of premiums increasing 20% in January.
Republican senators are confronting a political challenge that is increasingly hard to ignore as they engage with voters during the July Fourth recess: Under their health-care overhaul, average premiums for a midlevel insurance plan would jump by 20% next January.
Left unasked: How many people will continue buying ObamaCare plans at any price once the mandate is removed.
More:
That means many people who don’t get insurance through work would see their premiums increase just a few months before the midterm elections, according to the nonpartisan Congressional Budget Office. Premiums would fall in later years, in part because less-comprehensive plans would be offered by that time.
This highlights what some Republicans privately concede is a Catch-22 as GOP Senate leaders work to assemble a bill they can bring to the floor when Congress returns to Washington: Both passing a bill and not passing one carry political peril.
Repeal now, replace… someday, maybe.