If you're older and lower income, prepare to pay more under GOP health bill
Posted: Tue Mar 14, 2017 5:16 am
CNN Money - 3/13/2017 - Nicole Ridgway and Tami Luhby - Older working class Americans would get hit hard under the Republicans' proposal to repeal and replace Obamacare. The Congressional Budget Office analysis, released Monday, found that a 64-year-old could see his premium on the individual market climb by as much as 25% under the GOP's America's Health Care Act. That's largely because insurers would be able to charge older enrollees more compared to what Obamacare allows.
Older folks with lower incomes would really feel the difference since the refundable tax credits provided under the GOP bill are not as generous for this group as Obamacare subsidies. Read more @ http://money.cnn.com/2017/03/13/news/ec ... l?iid=Lead
Older folks with lower incomes would really feel the difference since the refundable tax credits provided under the GOP bill are not as generous for this group as Obamacare subsidies. Read more @ http://money.cnn.com/2017/03/13/news/ec ... l?iid=Lead