Malloy: ‘Trumpcare’ Could Cost State $1 Billion A Year
"This proposed law would result in a tremendous cost shift to the states once fully implemented, which could cost upward of
The largest cost to the state would be due to changes to
"The proposal to cap federal payments will force
Estimates from the budget office also show the state would be on the hook for
At Access Health CT, the state's Obamacare exchange, more than 34,000 customers will not renew coverage next year if the law takes effect, according to the analysis. And in 2020, the average subsidy for
"On
Dubbing the Republican plan "Trumpcare," Malloy said it would cost more money and provide fewer benefits. Obamacare subsidies account for income, local cost of insurance and age, whereas the Republican plan bases tax credits on age alone.
On Monday the nonpartisan
"You will get worse coverage even though you'll be paying thousands more a year," Sen.
The American Health Care Act may have enough support to pass the House but faces a tougher challenge in the
Courant staff writer
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