How Obamacare tax credits compare to Trumpcare
The leaked draft of the GOP Obamacare repeal and replacement plan would swap out the law's income-based premium subsidies with tax credits that vary by age. They'd start at $2,000 a year for young adults under age 30, increasing for different age groups. The maximum would be $4,000 a year for people age 60 and older.
We were curious how that would change the amount of federal assistance different people would receive, so we used the Kaiser Family Foundation's subsidy calculator to compare the two. Here's what we found.
Data: GOP draft bill, Kaiser Family Foundation ACA premium calculator, Department of Health & Human Services; Methodology: Income ranges based on percent of federal poverty level. 150% = $18,090, 250% = $30,150, 500% = $60,300. Columbus area code: 43201, Prescott: 86301, Tampa: 33601; Chart: Andrew Witherspoon / Axios