Thread by @charles_gaba

I'm glad to see @RepUnderwood's #HR1868 back in the news. Here, again, is my explainer of how much it'd save #ACA enrollees...and, just as importantly, how MILLIONS OF PEOPLE not *currently* eligible for tax credits would become eligible: acasignups.net/19/07/11/how-m… #ACA2.0

#HR1868 is a remarkably simple bill which solves the single biggest complaint people have about the #ACA, by opening up tax credits to millions of *middle class* Americans while also strengthening the formula for those currently receiving them. Here's what the bill does. #ACA2.0

How much would this save? Well, right now, on average, a single adult earning $49,960/yr pays no more than 9.86% of their income for premiums, while the same person earning $49,961 (just $1 more) has to pay full price...which could be as much as *three times* as much.

Under #HR1868, *no one* would pay more than 8.5% of their income in premiums for the benchmark plan. This would save millions of people thousands of dollars per year...and it would further enhance subsidies for those already receiving them.