AJMC.com, March 2, 2017: Analysis Finds Tax Credits Shrink for the Poor Under GOP Replacement Plan
“Under the ACA, the working poor can benefit in 1 of 2 ways. First, if they live in a state that has expanded Medicaid, they can get coverage if the household income does not exceed 138% of the federal poverty level (FPL). Second, refundable premium tax credits are available to those earning 100% to 400% of the FPL on a sliding scale based on income and region, and cost-sharing is also available for those earning up to 250% of FPL to help cover deductibles and co-pays. The ACA also caps how much income can be spent if a person gets the benchmark silver plan.”