GOP Health Plan
The cost of being uninsured would rise for many Americans under GOP's health plan For example, a 50-year-old earning $47,520 annually would pay just $465 for being uninsured for six months under Obamacare. But that same person but would be on the hook for up to $1,991 in penalties under the Republicans' plan if they were uninsured for the same time period and then signed up for coverage, the analysis finds. If that person ended up earning $118,800 the following year in income, and also had a six-month gap in coverage, their Obamacare penalty would be $2,414. But their fine under the GOP plan if they signed up for insurance could be as low as $1,006. And because the Republican plan's penalty "is not tied to income," as Obamacare's penalty is, "low-income individuals will pay significantly more under" the GOP proposal than higher income earners. While the 30 percent pen...