Republicans are tweaking their ACA replacement proposals. The new plans will still hurt enrollees.
Last week, we presented the first analysis of the net financial impact of Republican plans to replace the Affordable Care Act.
The upshot was that while Republicans focus on rising premiums for plans sold through the ACA exchanges, their replacement proposals would hit consumers’ wallets hard. That’s because most consumers would end up paying a greater share of their health care costs — meaning premiums after tax credits plus cost-sharing in the form of deductibles and copays. We found that the average cost for an individual covered by the Affordable Care Act would go up by $1,744 per year. For families, the increase would be even greater: $6,089.
The above excerpt was originally published in Vox. Click here to view the full article.
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Vice President, Health Policy; Senior Fellow
Vice President and Coordinator for Health Policy