The analysis shows that people with higher incomes stand to gain -- and those with lower ones to lose money.
Rhode Islanders with annual incomes of
For those who earn about
About 29,500 residents buy insurance coverage on the state exchange, known as HealthSource RI, created under the Affordable Care Act.
The tax credits under Obamacare are designed to limit the share of income people have to spend on health insurance. They're based on income and the cost of premiums on the state exchange. In general, the lower the person's income the larger the tax credit.
The Republican plan awards tax credits based on age. They range from
Nationally, enrollees with lower incomes would see a bigger financial hit under the plan proposed by
About 30 percent of Rhode Islanders enrolled in the state exchange -- or just under 9,000 people -- are 55 or older. Age-based enrollment totals were not available for
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