The House voted today 217-213 in favor of the American Health Care Act. How does the Republican health care plan differ from Obamacare?
Here is a breakdown of the AHCA:
In brief: What the AHCA does
Ends individual mandate, imposes surcharge for coverage lapse
The AHCA would rescind the federal mandate that all Americans have health insurance or pay a penalty on their taxes. This would allow people to choose not to purchase coverage if they so desire; the Congressional Budget Office (CBO) projects thousands of Americans will make that choice. One possible consequence of ending the mandate: fewer healthy people will be part of the insurance pool, meaning higher prices and premiums for others. To incentivize coverage, the bill would allow insurers to charge a 30 percent penalty on anyone seeking an insurance policy after going a period without it.
Ends Obamacare premium subsidies, offers tax credits instead
The House GOP bill would provide tax credits between $2,000 and $14,000 a year for individuals who don’t get…