The Story Of 2 Families And The Real-life Impact of Obamacare Repeal – Huffington Post
At the time, their combined income was around $30,000 ― not nearly enough to pay for a comprehensive policy on their own, given that necessities like food, rent and gas gobbled up most of their disposable income. They were, however, eligible for the Affordable Care Act’s tax credits, which the government applied in advance in order to discount their premiums. By design, the law’s tax credits are greater for people with lower incomes or higher insurance costs. For a family like the Secrists, who had both, it worked out to about $10,000 a year in assistance.