Monday, January 20, 2020

Older Americans slapped with ‘age tax’ in GOP health-care bill: AARP


From 2017, but it shows why we need to keep electing Democrats, to block this kind of thing.

https://www.cnbc.com/2017/06/26/older-americans-slapped-with-age-tax-in-gop-health-care-bill-aarp.html?__source=sharebar%7Cfacebook&par=sharebar&fbclid=IwAR0KH_0Bno0lPze7Unm-8-MiFZ3Zbvk3fks0dux4y4q59g3nQG32H8qYGUM

Published Mon, Jun 26 20173:40 PM EDTUpdated Mon, Jun 26 20174:05 PM EDT

Older Americans are being unfairly targeted in the Republicans’ health-care bill, AARP told CNBC on Monday.

Under the new legislation, insurers would be allowed to charge older adults up to five times more than younger people. Under Obamacare, rates were capped at three times more.

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And while there are currently tax credits in place to help offset costs, the current bill reduces those tax credits, he noted. “There’s a double whammy here.”

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