They should be. A preliminary analysis last week showed the
Under the
The analysis was done by Covered California, the insurance exchange created by the Affordable Care Act in this state. Starting in 2014, the ACA, or Obamacare, provided tax credits for people earning between
The
In general, the government support for buying insurance in the
In the Covered California analysis, the biggest savings would be in
The estimates are not good for older working people and other adults in lower income categories in
Under the
A family of four in
A similar pattern could be reflected in
Under the
Individuals between the ages of 27 and 62, earning
Covered
The
After 10 years, about 1 in 5 Americans will be uninsured.
The CBO predicted that many healthy people, who were required to get insurance, will stop buying it with the demise of ACA's individual mandate. Many others will drop their coverage due to higher premiums.
While reductions in
The report also estimated that average insurance rates in 10 years will be 10 percent lower than today.
Starting in 2014, Cataline paid
Cataline earns more today and currently has a
"Rather than blow up (Obamacare), they should have tweaked it," Cataline said. "I think the rich are going to get richer and the low to middle class are going to get screwed.
With the release of the CBO report, a grassroots campaign opposing the
Organizers said the plan provides tax cuts for health care corporations and the wealthiest Americans, while millions of people would lose their coverage.
"It will make it much harder to buy insurance," said
"Manufacturers and fast-food companies are cutting people to part time (to avoid the requirement)," Bavaro said. The Republican legislation "is all about politics and keeping promises, and not health care. We are not really getting to the major problems."
To discourage consumers from leaving the market, Antos favored a stiffer premium penalty charged by insurers -- above the 30 percent surcharge in the current Republican bill -- for people who let their policies lapse and seek insurance again later.
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