by Max Brantley
According to the Congressional Budget Office score of the plan, “despite being eligible for premium tax credits, few low-income people would purchase any plan” because the plans available are essentially useless to the poor.Pay attention to this because here in Arkansas, Gov. Asa Hutchinson wants to cut eligibility for Medicaid expansion coverage from 138 to 100 percent of the poverty level. He, too, has claimed tax credits would offset the loss
Increased net premium paid (for worse plan) for a 64-year old making $56,800: $11,600— Jason Furman (@jasonfurman) June 26, 2017
Tax cut for a 65-year old making $1,000,000: $11,600
makes health insurance unaffordable for poor people in order to finance a massive tax cut for rich people.