Washington, D.C. -- Obamacare premiums are on the rise.
Premiums could increase by double digits next year.
Insurance companies in several states have requested large rate hikes for 2019.
Many insurers are blaming the hikes on steps taken by president donald trump and republicans in congress.
Most are citing two specific causes. The fact that congress eliminated the individual mandate, which requires nearly all americans to have coverage or pay a fine, and the expected expansion of health plans that don't adhere to healthcare regulations.
Insurers still have a few weeks to file proposed rate changes.
Regulators will review the requests.
Premiums will be finalized in september and open enrollment starts November first.
- Obamacare Premiums to Soar in 2019
- Soaring with Support
- United Adds More Premium Seats for High-Fare Travelers
- ScienceWorks Brings Soaring Saurians Back to Life
- Report: Millennial Voter Registration in Oregon Soars
- After Judge's Ruling Against 'Obamacare,' What Happens Now?
- Job Openings Soar in the U.S., Unemployment Plunges
- Grants Pass Ballon & Kite Festival Soars Into Town
- Legislature asks for program cuts despite soaring revenue
- Forget kibbles: U.S. sales of fresh pet food are soaring