Many Americans may struggle to pay these expenses should the House Republicans’ Affordable Care Act replacement plan, which offers less assistance to low-income people, become law. Under the current health care law, a standard health plan for a 40-year-old nonsmoker costs around $4,400 a year without financial help, or $2,485 if they qualify for aid. That’s comparable to what the average household spends on things like housing, transportation and food each year. Should premiums rise under the new plan, these are the real things that low-income families may have to sacrifice to afford coverage. If health care costs rise, these families will likely look to make cuts in their existing expenditures or face falling further into debt.

Source: Huffington Post March 07, 2017 21:56 UTC