Senate Health Plan Would Cause Out-of-Pocket Costs to Skyrocket for Wisconsinites, End Credits for Many
A Citizen Action of
The Senate Republican's bill released on Thursday would, if enacted, sabotage the Affordable Care Act (ACA) tax credits for over 100,000 Wisconsinites. The bill would remove the law's current tax credits which reduce out-of-pocket costs like deductibles and it would direct the monthly premium tax credits to focus on worse "Bronze" plans (currently aimed at "Silver" plans). These changes would be catastrophic for
This
"As a high cost state,
Key findings:
The
* Average deductibles for a "benchmark" plan (what the tax credits are based on) would increase for someone earning 150% of the poverty line (
* A 60 year old at 351% of the federal poverty line (
Click here to view details (http://www.citizenactionwi.org/senate_health_plan_would_cause_out_of_pocket_costs_to_skyrocket_for_wisconsinites_end_credits_for_many)
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