Sixty-year-old Americans who make roughly $30,000 a year and live in rural areas could lose more than $6,000 a year in federal subsidies under the American Health Care Act, according to an analysis conducted by the Los Angeles Times.
The newspaper found 68 of the 70 counties that will be hit hardest by the legislation voted for President Donald Trump. For example, a 60-year-old with an annual income of $30,000 living in Nebraska could lose $12,950 in annual federal aid. A person of the same age and income living in one of 22 Oklahoma counties studied could lose $11,970 in annual subsidies, according to the report.
Meanwhile, the bill would increase support for the middle and upper class. Younger, higher-income Americans in urban areas will fare better under the GOP bill, and people with incomes up to $114,000 could qualify for subsidies, according to the LA Times analysis. Wealthier Americans — individuals making $200,000 or more annually or couples making $250,000 or more annually — also serve to benefit from the AHCA because it eliminates an ACA tax on those groups, according to the report.
These findings are drawn from election results collected by the Associated Press and insurance subsidy projections published by Kaiser Family Foundation.
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