Washington—Senator Dianne Feinstein (D-Calif.) today released the following statement on increased costs under the Republican health care bill: 

“Under the Senate Republican health care bill, between 3 million and 4 million Californians would have their health coverage taken away. Those Californians who are able to keep their coverage would end up paying much more for less health care.

“Premiums would rise 74 percent under the Republican bill because of reductions in tax-credit subsidies. In California, it’s estimated that premiums would increase by an average of $619 next year, affecting Californians in every county.

“Older Californians would be hit the hardest. According to the Kaiser Family Foundation, a 60-year-old who’s low- or middle-income would pay up to 500 percent more under the Republican plan. It’s unconscionable to make older Americans most in need of care to spend an enormous percentage of their income for insurance.

“At the same time families are paying more for their insurance, plans would be required to cover a smaller portion of health care costs. Under the Affordable Care Act, plans must cover at least 70 percent of health care costs. Under the Republican bill, plans would cover just 58 percent of health care costs.

“This means much higher out-of-pocket costs. Blue Cross of California said this could lead to deductibles of $7,350. That’s essentially a junk plan that no one who’s low or middle-income would ever buy.”

Examples via Kaiser Family Foundation

Los Angeles County

60-year-old in Los Angeles County making $30,000 per year

• $2,480 (8% of income): Yearly premium under the Affordable Care Act after tax credit subsidies.
• $5290 (18% of income) Yearly premium under the Republican bill after tax credit subsidies.
• Increase under Republican bill: $2,810 (113% increase)

60-year-old in Los Angeles County making $43,875 per year (351% FPL)

• $4,480 (10% of income): Yearly premium under the Affordable Care Act after tax credit subsidies.
• $10,420 (24% of income) Yearly premium under the Republican bill after tax credit subsidies.
• Increase under Republican bill: $5,940 (133% increase)

Fresno County

60-year-old in Fresno County making $20,000 per year

• $950 (5% of income): Yearly premium under the Affordable Care Act after tax credit subsidies.
• $4,890 (24% of income) Yearly premium under the Republican bill after tax credit subsidies.
• Increase under Republican bill: $3,940 (415% increase)

60-year-old in Fresno County making $43,875 per year (351% of the federal poverty level)

• $4,470 (10% of income): Yearly premium under the Affordable Care Act after tax credit subsidies.
• $13,820 (31% of income) Yearly premium under the Republican bill after tax credit subsidies.
• Increase under Republican bill: $9,350 (209% increase)

San Francisco County

60-year-old in San Francisco County making $20,000 per year

• $960 (5% of income): Yearly premium under the Affordable Care Act after tax credit subsidies.
• $6,260 (31% of income) Yearly premium under the Republican bill after tax credit subsidies.
• Increase under Republican bill: $5,300 (552% increase)

60-year-old in San Francisco County making $43,875 per year (351% FPL)

• $4,470 (10% of income): Yearly premium under the Affordable Care Act after tax credit subsidies.
• $17,910 (41% of income) Yearly premium under the Republican bill after tax credit subsidies.
• Increase under Republican bill: $13,440 (301% increase)

San Diego County

60-year-old in San Diego County making $30,000 per year

• $2480 (8% of income): Yearly premium under the Affordable Care Act after tax credit subsidies.
• $5,800 (19% of income) Yearly premium under the Republican bill after tax credit subsidies.
• Increase under Republican bill: $3,320 (134% increase)

60-year-old in San Diego County making $43,875 per year (351% FPL)

• $4,480 (10% of income): Yearly premium under the Affordable Care Act after tax credit subsidies.
• $12,380 (28% of income) Yearly premium under the Republican bill after tax credit subsidies.
• Increase under Republican bill: $7,900 (176% increase)

Sacramento County

60-year-old in Sacramento County making $30,000 per year

• $2,480 (8% of income): Yearly premium under the Affordable Care Act after tax credit subsidies.
• $8,230 (27% of income) Yearly premium under the Republican bill after tax credit subsidies.
• Increase under Republican bill: $5,750 (232% increase)

60-year-old in Sacramento County making $43,875 per year (351% FPL)

• $4,480 (10% of income): Yearly premium under the Affordable Care Act after tax credit subsidies.
• $17,190 (39% of income) Yearly premium under the Republican bill after tax credit subsidies.
• Increase under Republican bill: $12,710 (284% increase)