Lower-Income Americans Would Receive Less Financial Help To Buy Insurance Under GOP Replacement Plan, Analysis Says
As Republicans coalesce around a plan to dismantle the health law and replace it with a system that relies more on tax credits, an analysis by the Kaiser Family Foundation finds that people with low- or moderate-incomes would get less financial assistance then they do currently. (KHN is an editorially independent program of the foundation.)
The Hill:
Study Finds GOP Plans Give Low-Income People Less Help Than ObamaCare
A new study finds that financial assistance under proposed Republican replacement plans would provide significantly less help for low-income people than under ObamaCare. The study from the Kaiser Family Foundation finds that the average tax credit to help people buy insurance would be at least 36 percent lower in 2020 under Republican replacement plans than under the Affordable Care Act. (Sullivan, 3/1)
McClatchy:
Reports: GOP Obamacare Replacement Plans Provide Less Financial Assistance
As congressional Republicans move to solidify their Obamacare repeal-and-replace legislation, concern is mounting that their strategies will leave millions of Americans with less financial assistance and more expensive coverage. A new analysis on Wednesday from the Kaiser Family Foundation projects that the HealthCare.gov insurance marketplace’s average premium subsidy – which people use to help purchase coverage – would shrink by at least 36 percent in 2020 under GOP proposals being considered. (Pugh, 3/1)