AARP: Older Americans to pay $16K more under GOP ObamaCare repeal
BY PETER SULLIVAN at the Hill
http://thehill.com/policy/healthcare/351703-aarp-older-americans-to-pay-16k-more-under-gop-obamacare-repeal
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A new study from the AARP finds that older people could pay as much as $16,174 more per year for health coverage under the Republican bill to repeal ObamaCare sponsored by Sens. Lindsey Graham (R-S.C.) and Bill Cassidy (R-La.).
The bill “threatens to make health care unaffordable and inaccessible for millions of older Americans,” AARP, which opposes the measure, writes in the report.
The study finds that on average nationwide, a 60-year-old making $25,000 per year would have to pay as much as $16,174 more per year for health insurance. That is a result of the possible elimination of two kinds of ObamaCare subsidies, which help people afford their premiums and out of pocket costs.
The bill gives states wide leeway on how they spend a new block grant under the bill, so it is possible that some states could keep some of this subsidy funding, which would lessen the increase in costs.
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The GOP Health Care Plan; get sick and die quickly.
