Analysis: Chattanooga ranks 5th in U.S. cities most affected by Trumpcare
The financial website Wallethub says Chattanooga would rank 5th in the nation of cities most affected by the repeal of the Affordable Care Act (ACA), commonly known as "Obamacare," and the implementation of the Americans with Health Care Act (AHCA), which is the plan touted by both President Trump and Republican members of Congress.
WalletHub says, "According to estimates by the nonpartisan Congressional Budget Office, the recently proposed American Health Care Act — unofficially going by the names “Trumpcare” and “Ryancare” — 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."
For Chattanooga, the average Obamacare subsidy is $10,786 (the third-highest subsidy any U.S. city receives, according to WalletHub).
However, the average subsidy under Trumpcare would be $5,000, a difference of $6,398.
This difference is only higher in Reading, PA, Syracuse, NY, Anchorage, AK, and Yuma, AZ according to WalletHub.