Californians’ tax subsidies likely to shrink with Obamacare replacement plan, new data show
Under the American Health Care Act, authored by House Speaker
"We have about 5 million Californians who have gained coverage from a combination of the expansion of
On Monday, the
Republican leaders have pointed out that the budget office also estimated a
Under the Affordable Care Act, individual tax credits were based on a person's age, income and health care costs where they lived. Credits under the American Health Care Act would be allocated based primarily on age.
That means people in
A 62-year-old in
The trend is different for people making more money. A person earning
Covered
"(Consumers) want insurance. They want peace of mind," Lee said. "What the subsidies do is make health care affordable, bring it within reach."
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