winners (the rich) and losers (everyone else).
http://money.cnn.com/2017/03/06/news/economy/republicans-obamacare-repeal-replacement-bill/
"For all but the youngest individuals, it increases both overall costs and the risk of a financially devastating event.
Republicans will argue that by cutting back insurance standards, their bill would lower premiums — because people can choose to buy less coverage than the ACA currently requires. But premiums are only one expense that enrollees have to worry about. First, the level of tax credits affects how much enrollees would actually pay for those premiums, out of pocket.
Second, the degree of insurance protection affects how much enrollees would pay in deductibles, co-pays, and other forms of cost-sharing. (“Cost-sharing” refers to how the insurance company and the enrollee split the costs of health services.)
We’re presenting an analysis here of the net financial impact of the Republican bill on premiums, after tax credits, plus cost-sharing. We estimate that the bill would increase costs for the average enrollee by $1,542, for the year, if the bill were in effect today. In 2020, the bill would increase costs for the average enrollee by $2,409.
We provide the figure for 2020 because that’s when the Republican tax credits would go into effect; we provide a figure for this year so that readers can get a sense of how the plan might affect their situation were it implemented today. Importantly, the gap between costs under the ACA and under the Republican bill would grow over time.
In general, the impact of the Republican bill would be particularly severe for older individuals, ages 55 to 64. Their costs would increase by $5,269 if the bill went into effect today and by $6,971 in 2020. Individuals with income below 250 percent of the federal poverty line would see their costs increase by $2,945 today and by $4,061 in 2020."
http://www.vox.com/the-big-idea/2017/3/7/14843632/aca-republican-health-care-plan-premiums-cost-price
| 