Repealing Obamacare: What does it mean for you?

March 9, 2017, The Clarion Ledger, Sarah Fowler- As the GOP-controlled House moves forward with repealing the Affordable Care Act and replacing it with the American Health Care Act, the potential impact on Mississippians varies depending on age, income and Medicaid needs. Two House committees approved the new plan Thursday. Mississippi Insurance Commission Mike Chaney said Thursday, “Bottomline, we don’t know what it will do to Mississippi.” “Tax credits could go from a low of $2,000 to a high of either $4,000 or $14,000,” he said. “It depends on whom you’re talking to.” Chaney said those over 60 could potentially take the biggest financial hit. Currently, those over 60 pay three times what a 30-year-old would pay.

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