September 21, 2017

Older Americans to be hit hard by Obamcare kill

The Hill - 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.

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