The GOP's health-care plan could jack up premiums 800 percent on low-income seniors

The nonpartisan Congressional Budget Office's cost estimate of the American Health Care Act released Wednesday predicted some steep costs for the elderly. Vox's Sarah Kliff reported that low-income Americans over the age of 64 would see premiums increase by a whopping 800 percent under the GOP-backed plan:
Under ObamaCare, Americans over the age of 64 with an annual income of $26,500 pay a net premium of $1,700. If the AHCA were to become law, that same population would pay a net premium of $13,600.
The score the CBO released Wednesday updates its previous evaluation of the bill, released in March, to reflect changes that Republicans made to the bill before passing it in the House earlier this month. Overall, the updated score predicted an additional 23 million Americans would be uninsured by 2026 if the AHCA were to replace ObamaCare. The bill would reduce the federal deficit by $119 billion.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
5 costly cartoons about the national debt
Cartoons Political cartoonists take on the USA's financial hole, rare bipartisan agreement, and Donald Trump and Mike Johnson.
-
Green goddess salad recipe
The Week Recommends Avocado can be the creamy star of the show in this fresh, sharp salad
-
The Biden cover-up: a 'near-treasonous' conspiracy
Talking Point Using 'Trumpian' tactics, the former president's inner circle maintained a conspiracy of silence around his cognitive and physical decline
-
Crypto firm Coinbase hacked, faces SEC scrutiny
Speed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress code
speed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
Warren Buffet announces surprise retirement
speed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
-
Trump calls Amazon's Bezos over tariff display
Speed Read The president was not happy with reports that Amazon would list the added cost from tariffs alongside product prices
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
-
Trump's China tariffs start after Canada, Mexico pauses
Speed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect