(The Center Square) – Obamacare premiums are expected to rise about 30% next year, adding pressure on Congress as Democrats continue to block a Continuing Resolution to reopen the federal government over the issue.
Health policy experts say lawmakers could offset the increase by cutting $124 billion in Medicare Advantage overbilling by private insurers.
The Congressional Budget Office estimates that health insurers will overbill the federal government by $124 billion over the next decade through Medicare Advantage, the private insurance alternative to traditional Medicare, according to the agency.