And the amount states would get for the people signed up under the Obamacare expansion would be substantially reduced, by more than a third in some states, except in the case of<br />people who stay continuously enrolled in Medicaid, a somewhat rare circumstance in a program in which people tend to cycle in and out of eligibility as their incomes change.<br />Poor, older adults would face the largest crunch: The magnitude of their tax credits shrinks, even as a separate provision in<br />the bill allows insurers to charge older people substantially higher prices than are allowed under the Affordable Care Act.<br />Legislative language for what House leaders call the American Health Care Act, released Monday evening, would substantially cut back funding to states<br />that cover poor adults through their Medicaid program.<br />And the law would allow people to save more money each year in tax-free health savings and flexible spending accounts — accounts<br />that are most valuable to people who pay high income tax rates and have money to save.<br />But they would still mean that the Americans who have benefited most from the tax subsidies in the Affordable<br />Care Act — individuals earning less than about $30,000 — would get substantially less help.<br />The bill keeps some of Obamacare’s most popular provisions: Insurers have to offer health plans to people regardless of their health history.<br />Repeal Bill Would Cut Funding for Poor and Taxes on Rich -<br />Get the Upshot in your Inbox<br />Republicans in the House have performed major surgery on the Obamacare replacement plan they circulated a few weeks ago.
