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Cattledog

(5,917 posts) Mon Mar 13, 2017, 07:05 PM Mar 2017

tRumpcare price comparison for a 64 yr old.

64-year-old making $26,500 pays $1,700 under ACA.

Under Trumpcare: $14,600.

11 replies

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tRumpcare price comparison for a 64 yr old. (Original Post) Cattledog Mar 2017 OP

But we get a tax credit that is useless to us since we have no income in the first place! Eliot Rosewater Mar 2017 #1

It's inadequate, but you get the credit/subsidy whether or not you have income. Hoyt Mar 2017 #2

You mean you get a check if no income? Like the earned income credit? Eliot Rosewater Mar 2017 #3

You get credit, inadequate as it is, regardless of your tax liability, unless you make Hoyt Mar 2017 #7

These "refundable"tax credits are why many Repubs think new plan is TOO generous wishstar Mar 2017 #9

i had to listen to that twice as the reporter.... samnsara Mar 2017 #4

So something costing over 8 times more, is lower price? sinkingfeeling Mar 2017 #5

But you will have a greater choice of plans that cost 8 times more... Thor_MN Mar 2017 #10

they are screwing bdamomma Mar 2017 #6

Is there a link for this so that we can pass it along? n/t demmiblue Mar 2017 #8

My husband and I are both retired SoCalDem Mar 2017 #11

Eliot Rosewater

(31,112 posts)

1. But we get a tax credit that is useless to us since we have no income in the first place!

Reply to Cattledog (Original post)

Mon Mar 13, 2017, 07:06 PM

Mar 2017

I will keep saying this till it takes hold, GOP thinks there are too many people and the poor ones really shouldn't be using up healthcare resources.

Ask them...go ahead.

Hoyt

(54,770 posts)

2. It's inadequate, but you get the credit/subsidy whether or not you have income.

Reply to Eliot Rosewater (Reply #1)

Mon Mar 13, 2017, 07:09 PM

Mar 2017

Eliot Rosewater

(31,112 posts)

3. You mean you get a check if no income? Like the earned income credit?

Reply to Hoyt (Reply #2)

Mon Mar 13, 2017, 07:11 PM

Mar 2017

I would wanna be triple sure of that before saying it. Remember who we are dealing with here.

Hoyt

(54,770 posts)

7. You get credit, inadequate as it is, regardless of your tax liability, unless you make

Reply to Eliot Rosewater (Reply #3)

Mon Mar 13, 2017, 08:01 PM

Mar 2017

above $75K or something like that. I would not have said it if I was not sure and had looked it up. Don't trust them either.

wishstar

(5,271 posts)

9. These "refundable"tax credits are why many Repubs think new plan is TOO generous

Reply to Hoyt (Reply #7)

Mon Mar 13, 2017, 08:30 PM

Mar 2017

The main reason Repubs are complaining about the new plan is because they think these tax credits are another "entitlement" because even if someone owes no or very little taxes, they will get them (like earned income tax credits ) But the credits are only for those not covered under a group or employer plan and not for people who aren't enrolled in a plan, and will not help nearly as much as the current subsidies in making plans affordable.

Only way in which plan can be seen as potentially more generous is that the income limit is higher so some people at higher income levels who are currently cut off from subsidies, will qualify for the tax credits.

samnsara

(17,625 posts)

4. i had to listen to that twice as the reporter....

Reply to Cattledog (Original post)

Mon Mar 13, 2017, 07:21 PM

Mar 2017

didn't emphasize that one was 1700 and the other was 14 THOUSAND!

sinkingfeeling

(51,466 posts)

5. So something costing over 8 times more, is lower price?

Reply to Cattledog (Original post)

Mon Mar 13, 2017, 07:39 PM

Mar 2017

Thor_MN

(11,843 posts)

10. But you will have a greater choice of plans that cost 8 times more...

Reply to sinkingfeeling (Reply #5)

Mon Mar 13, 2017, 09:26 PM

Mar 2017

Much more access.

bdamomma

(63,913 posts)

6. they are screwing

Reply to Cattledog (Original post)

Mon Mar 13, 2017, 07:58 PM

Mar 2017

The American people...sadly.

demmiblue

(36,873 posts)

8. Is there a link for this so that we can pass it along? n/t

Reply to Cattledog (Original post)

Mon Mar 13, 2017, 08:02 PM

Mar 2017

SoCalDem

(103,856 posts)

11. My husband and I are both retired

Reply to Cattledog (Original post)

Tue Mar 14, 2017, 05:01 AM

Mar 2017

and all we have is SS and a small pension (mine).. We each pay $233.00 a month, plus any copays & meds we need.

Many younger folks think that once you are on medicare, health care is free..

After the healthcare stuff is deducted, my SS is $650 a month...try living on that..

Luckily my husband's is much higher, but whomever is the one to live longest, will have a pretty bleak existence

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