Covered California releases analysis on differences between ACA and AHCA coverage
3:17 PM, Mar 20, 2017
3:19 PM, Mar 20, 2017
Covered California released analysis on Monday breaking down how consumers in Kern County could be impacted by the American Health Care Act.
In an example, the release says that a 62-year-old living in Kern County and earning $30,000 a year would pay 8.3 percent of his income toward health insurance under the Affordable Care Act; if the American Health Care Act were in effect, he would be asked to allocate more than 30 percent of his income to health insurance.
Their analysis shows that lower-income Californians, particularly those who are older and live in high-cost areas, would be negatively impacted by the changes between the Affordable Care Act and the AHCA and would see an increase in their costs.
They also stated that under the AHCA, many Californians would have to spend more than a quarter of their income on health insurance premiums.
Congressional Budget Office findings and historic trends also revealed that premiums are likely to be 15 to 20 percent higher in 2018 and 2019 under the AHCA.
"The current AHCA proposal would dramatically reduce financial assistance for most Californians while increasing costs for those who do not get help," said Covered California Executive Director Peter V. Lee.