Bernie Sanders warns 20 million Americans face 75% premium spike - here's why traders care
Key Points
- 20 million Americans could face a 75% hike in health insuran...
Bernie Sanders just dropped some numbers that would make even a seasoned options trader wince: 20 million Americans could see their health insurance premiums jump 75% if Obamacare subsidies get the ax. That's not a typo, and it's definitely not the kind of volatility anyone wants in their monthly budget.
The Kaiser Family Foundation ran the math, and spoiler alert - it's uglier than a penny stock chart after an SEC investigation. Without those enhanced federal subsidies, families already wrestling with inflation are about to get body-slammed by healthcare costs that make luxury car payments l...
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