(Opinion) GOP Health Plan: Bad News for the Old and Poor
“Premiums in the individual market would be 15 to 20% higher than they otherwise would have been during 2018 and 2019. After that, the CBO projects, premium growth would slow, but largely because the rating and subsidy structure under the Republican plan would drive older people out of the market as it drew younger people in.
Indeed, the overall effect of the Republican plan, the CBO projects, is to make health insurance coverage less accessible for older and poorer Americans while making it more affordable for younger and higher-income Americans. The CBO also projects, however, that deductibles and other cost sharing would increase across the board, reducing premiums but increasing out-of-pocket costs and financial instability.”