In the first year, insurance premiums would jump by 20% to 25% for individual policies purchased directly or through the Obamacare marketplace, according to the report. Premium prices would continue to climb by 50% the next year, with the uninsured swelling to 27 million, as full repeal took effect, the report said. Even though the Republican-led Congress approved a process last week to begin repealing Obamacare, they have yet to propose a replacement. Caption President Obama's farewell address President Obama delivered his farewell speech Tuesday in Chicago. Caption President Obama's farewell address President Obama delivered his farewell speech Tuesday in Chicago.

Source: Los Angeles Times January 17, 2017 22:39 UTC