President Donald Trump and Republicans in the House may be celebrating their victory in a bill that reverses big parts of Obamacare, but the vote may mean premiums go up even higher next year, experts predict.
Key senators have already said they’ll tear up the House bill and start all over again, and the debate has created one thing insurers hate above everything else: uncertainty.
And that means they’ll either raise premiums a lot, or completely pull out of the so-called Obamacare markets, health insurance specialists say.
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“The biggest problem we have is uncertainty. Insurers hate uncertainty,” Brian Webb, manager of health policy for the national Association of Insurance Commissioners, told a briefing on Capitol Hill Friday.
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