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New report shows who pays, who saves with GOP health care plan

Photo courtesy MGN Online

A new report shows who could pay and who could save under the GOP healthcare plan. This aims to replace Obamacare. But what does it mean for your bottom line?

The proposed American Health Care Act could really benefit people in their 20s. The Congressional Budget Office claims someone young and starting out in their first job will likely see a big drop in premium costs.

But under the proposed bill the CBO projects older Americans would likely end up paying much more than they do now.

The CBO also says 24 million Americans would become uninsured.

The Hamilton Health Network in Flint serves the people who fall into those two categories. The agency worries what could happen in a city like Flint where so many people are dealing with the impact of drinking lead tainted water.

Meanwhile, the CBO says this GOP plan would save the federal government $337 billion over the next 10 years.

"That money has to come from somewhere and the way it looks right now it's going to come from the elderly and the medically under-served or the poor,” said Clarence Pierce, Hamilton Health Network.

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