GOP Healthcare Plan
GOP Healthcare Plan Would Cost The Poor And Old The Most
The House GOP bill to replace the Affordable Care Act (known as Obamacare) would reduce the federal budget deficit by $337 billion over the next 10 years but it is likely to have devastating implications for millions of Americans, especially the old and the poor. According to an assessment by the non-partisan Congressional Budget Office, 24 million fewer people could have health insurance coverage by 2026.
Although overall premiums would fall around 10 percent by 2026 compared to the current law, that would vary tremendously depending on age and income. CBO's analysis found that a single 21 year old earning $26,500 would benefit from the new proposal. He or she would pay $1,700 for insurance premiums under Obamacare and that would fall to $1,450 under the new plan.
The situation changes drastically for somebody earning the same amount aged 64. Currently, that person would pay $1,700 for an insurance premium (6.4 percent of his or her annual income) and that would rise to $14,600 (55.1 percent) if the Republican plan is enacted.
A 64 year old on a more comfortable $68,200 annual wage would pay out $15,300 (22.4 percent of his or her annual earnings) for insurance under Obamacare. That would fall under the new Republican proposal to $14,600 (21.4 percent of annual earnings).
- U.S. Americans without health insurance 2010-2015U.S. Americans without health insurance 2010-2015
- Percentage of U.S. Americans with any health insurance 1990-2015Percentage of U.S. Americans with any health insurance 1990-2015
- Percentage of U.S. Americans without health insurance 1997-2015Percentage of U.S. Americans without health insurance 1997-2015
- Tax and health benefits changes under Trumpcare (AHCA) per household by income 2022Tax and health benefits changes under Trumpcare (AHCA) per household by income 2022
- Tax and health benefits changes under Trumpcare (AHCA) as household income share 2022Tax and health benefits changes under Trumpcare (AHCA) as household income share 2022
- Number of all hospitals in the U.S. 1975-2015Number of all hospitals in the U.S. 1975-2015
- U.S. Medicaid - total spending history and forecast 2000-2027U.S. Medicaid - total spending history and forecast 2000-2027
- Common Medicaid antidepressent prescriptions by product 2013-2015Common Medicaid antidepressent prescriptions by product 2013-2015
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