Birmingham ranks 8th most Trumpcare-affected city

0
9
medicaid health care money

After seven long years of waiting to repeal President Barack Obama‘s signature health care law, Republicans released their own, the highly-anticipated alternative, proposal earlier this month.

Following its release, many politicians from both sides of the aisle were none too pleased with its details. The nonpartisan Congressional Budget Office said that it would raise the average health-insurance premium for an individual policyholder by 15 to 20 percent just one or two years from now and lower federal subsidies. Thus, affecting the wallets of Americans across the country.

One of the cities most affected by the new proposal? Alabama’s very own Birmingham.

According to a new report of 2017’s Cities Most Affected by Trumpcare from the personal finance website WalletHub, Birmingham is the 8th most affected among the 457 U.S. cities and the fifth most affected among mid-sized cities.

To gauge the impact of the Republican-proposed health plan on people who buy their own insurance, WalletHub’s analysts compared the cities based on the differences in premium subsidies that the average household would receive under Obamacare and Trumpcare.

Impact of Trumpcare on Birmingham:

  • Avg. Obamacare Premium Subsidy: $9,494
  • Avg. Trumpcare Premium Subsidy: $5,000
  • Subsidy Difference: -$4,494

*Impact measured by difference in premium tax credits received by average household under proposed and current health laws (highest difference = most affected)

Other Alabama cities ranked by how affected they are by “Trumpcare”:

  • Mobile: 23rd
  • Montgomery: 43rd
  • Tuscaloosa: 46th

Here’s how Birmingham compares to the rest of the country:

Source: WalletHub