Obamacare Tax Subsidies Will Increase by $9.8 Billion Due to Premium Hikes
Posted By Ali Meyer On December 16, 2016 @ 4:59 am In Issues | No Comments
Taxpayers will spend $9.8 billion more on Obamacare subsidies next year than this year due to double-digit increases in premiums, according to a report from the Center for Health and Economy.
The Obama administration announced in October that Obamacare premiums were set to increase by double digits, increasing at a faster rate than they have in the past.
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