Don't HR Alone #27 - Senate's ACA Replacement (BCRA) Breakdown


Coverage to age 26:

Stays the same. Dependents remain on there parents plan until age 26, married or not.

Subsidy for purchasing individual health insurance:

The ACA (Obamacare) provided subsidies for those who earned between 132% and 400% of the federal povertly line. If you fell into that category, the cost to your family to purchase the second lowest cost silver plan available in your market is limited to 9.65%.

Under the BCRA, the subsidies are provided for those earning between 0% and 350% of the federal poverty line. Assuming you fall into that category, the cost to your family to purchase a "MEDIAN COST BENCHMARK PLAN", as the law puts it, or in lay mans terms, the cost to your familiy to purchase the average bronze plan available in your area, is limited to a percentage of your income determined by this chart. The chart shows you age on one axis, and the percentage of the federal poverty line on the other.