No. of Recommendations: 5
They're going to vote on a plan Thursday:
abcnews.go.com - Republicans unveil health care plan counter democratic effortThe proposal would do away with the enhanced tax credits, and instead take the extra money from those tax credits and put it into health savings accounts for those who purchase bronze-level or "catastrophic" plans on the ACA exchanges. Republicans say this will help Americans pay for out-of-pocket costs.
Under the plan, individuals earning less than 700% of the federal poverty level would receive $1,000 in HSA funding for those between age 18 and 49 and $1,500 for those age 50-64.
The plan was first unveiled by Senate Health Committee Chairman Bill Cassidy and Senate Finance Committee Chairman Mike Crapo on Monday.It's the CrapoCare plan previously discussed. I wonder if I'd get $1000 each for the kids? So, $6k total. And still qualify with a MAGI of $263k.
Folks are signing up for plans right now. They need to know whether to choose a Bronze plan, or not, right now.
