Study ranks Asheville 10th most Trumpcare-affected city

FILE - This Wednesday, March 1, 2017, file photo shows President Donald Trump, flanked by Senate Majority Leader Mitch McConnell of Ky., left, and House Speaker Paul Ryan of Wis., right as he speaks during a meeting with House and Senate leadership in the Roosevelt Room of the White House in Washington. The president is deploying an outside and inside strategy to fulfill his campaign promise to repeal and replace “Obamacare,” seeking support beyond Washington before making an in-person pitch on Capitol Hill. (AP Photo/Evan Vucci, File)

A study by personal-finance website WalletHub showed Asheville will be hard hit by the proposed Republican healthcare plan. In the study, Asheville ranks 10th most affected overall and fifth most affected among small cities.

With the average health-insurance premium estimated to rise 15 to 20 percent in the next two years and federal tax credits expected to decrease under the recently proposed American Health Care Act, WalletHub conducted an in-depth analysis of cities that would be most affected by Trumpcare.

To gauge the impact of the Republican-proposed health plan on people who buy their own insurance, WalletHub’s analysts compared 457 U.S. cities based on the differences in premium subsidies that the average household would receive under the Affordable Care Act — more widely known as Obamacare — and Trumpcare.

According to estimates by the nonpartisan Congressional Budget Office, the recently proposed American Health Care Act would raise the average health-insurance premium for an individual policyholder by 15 to 20 percent just one or two years from now and lower federal subsidies. In contrast, the CBO projected, average Obamacare premiums would decrease 10 percent by 2026. The CBO report found that 14 million people would lose health insurance next year, rising to 24 million after 10 years.

Impact of Trumpcare on Asheville

  • Avg. Obamacare Premium Subsidy: $9,232
  • Avg. Trumpcare Premium Subsidy: $5,000
  • Subsidy Difference: -$4,232

Source: WalletHub

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