Confused about the differences between the Affordable Care Act (aka “Obamacare”) and the replacement plan working its way through the U.S. House of Representatives known as the American Health Care Act (aka “Ryancare,” “Trumpcare”)?
Although it certainly doesn’t answer all questions, the Kaiser Family Foundation is offering one way you can compare the impact the two plans have / would have on you. The interactive link allows you to compare premiums after tax credits in any county in the country based on how old you are and what your income is.
For example, if you live in St. Louis County, are 27 years old and make $40,000 a year, your premium after the tax credit is $4,080 under the existing Affordable Care Act, according to the Kaiser Family Foundation analysis. If the replacement American Health Care Act were in effect, your premium would be $2,750, a savings of $1,330 or 33 percent.
On the other hand, if you live in St. Louis County, are 60 years old and have an income of $50,000, your after-tax credit premium currently is $5,100, but it would rise to $13,910 under the replacement plan. That’s an increase of $8,810, or 173 percent.
You can check it out for yourself here