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Letter: GOP health care plan will likely leave fewer insured

Now that the American Health Care Act (AHCA) has been presented it is very important that before it is voted on that its costs to individuals and to the government are made clear.

The AHCA changes the ACA (Obamacare) health care subsidies which were proportional to income into tax credits which increase by age.

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AHCA Tax Credits (for individuals who earn less than $75K and couples who earn less than $150K):

• $2,000 for those under 30

• $2,500 for those between 30 and 40

• $3,000 for those between 40 and 50

• $3,500 for those between 50 and 60

• $4,000 for those over 60

At the same time the AHCA gets rid of the ACA regulation which limits how much insurers can charge older enrollees. So, while eliminating this regulation will save money for younger individuals, it will potentially greatly increase insurance rates for older individuals.

The AHCA gets rid of the penalty for not having health insurance. This popular change will very likely decrease the number of people insured causing rates to increase for everyone else who pay for health insurance.

Also, it is not at all clear whether this switch from subsidies to tax credits saves the government any money.

I encourage everyone to keep pressure on their representatives to inform us about all the costs of the AHCA to individuals and to the government before it is voted into law and we are once again saddled with increased health insurance rates.

Mary Jo Boylan

Westminster

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