Older individuals with health coverage through the ACA federal and state marketplaces would see higher premiums than younger individuals with the same coverage, on average, under the Senate GOP's Better Care Reconciliation Act, according to a Kaiser Family Foundation report.
KFF analysts compared the average premium individuals with health insurance through the ACA exchanges would pay for the most popular silver plan, after tax credits, in 2020 under the BCRA and the ACA.
Here are four things to know.
1. The BCRA caps tax credit eligibility for individuals at 350 percent of poverty. The proposed legislation also uses age and income to determine tax credits and reduces the value of silver plans.
2. After tax credits, individuals purchasing a benchmark silver plan on the ACA exchanges would pay an average 74 percent more toward their monthly premium in 2020 under the BCRA compared to the ACA.
3. The increases vary by age. Individuals under age 18 would see a 10 percent premium increase in 2020 under the BCRA, while those age 45 to 54 would see a 94 percent increase. Individuals over the age of 65 would see a 113 percent increase.
4. KFF found silver plan enrollees with incomes below 200 percent of poverty would see premiums, after tax credits, rise 177 percent by 2020 under the BCRA compared to the ACA. Higher income enrollees would see premiums increase 57 percent.
Researchers concluded, "The vast majority of marketplace enrollees would pay higher premiums in 2020 for a silver plan," under the BCRA. "Older and lower income enrollees see the biggest increases."
For the full report, click here.