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The House Republican bill to replace the Affordable Care Act (ACA) would allow insurers to charge older workers health insurance premiums five times as much as younger ones and give states the option to set their own ratio, according to published reports.
Under the ACA, also known as Obamacare, plans can charge their oldest customers only three times the prices charged to the youngest ones.
Older Americans may have to postpone retirement under Republican health bill - MarketWatch
The current ratio is 3 so that's higher costs right off the bat for older americans. And without the mandate, fewer people will sign up. That too will drive up premiums. complaining about "higher premiums” was an official conservative narrative. Oddly conservatives ignored the republican efforts to drive up premiums: sabotaging the risk corridor program, not expanding Medicaid and encouraging people to not sign up.
Well at least republicans will keep the Medicaid expansion. That’ll help restrain premium growth.
Under the ACA, also known as Obamacare, plans can charge their oldest customers only three times the prices charged to the youngest ones.
Older Americans may have to postpone retirement under Republican health bill - MarketWatch
The current ratio is 3 so that's higher costs right off the bat for older americans. And without the mandate, fewer people will sign up. That too will drive up premiums. complaining about "higher premiums” was an official conservative narrative. Oddly conservatives ignored the republican efforts to drive up premiums: sabotaging the risk corridor program, not expanding Medicaid and encouraging people to not sign up.
Well at least republicans will keep the Medicaid expansion. That’ll help restrain premium growth.