Seniors’ Health Costs May Rise Under AHCA

Many seniors won’t fare well under the American Health Care Act, which passed the House last week.

I’m not trying to scare you, but the GOP’s effort to repeal the Affordable Care Act, otherwise known as Obamacare, may mean the amount you need to save for retirement just got higher.

“Americans face two big problems as they get older: a shortage of retirement savings and the skyrocketing cost of health care,” wrote Ben Steverman for Bloomberg in “Washington is making it tougher to retire.”

There are some winners under AHCA. Healthy and wealthy individuals win. Young adults and upper middle-income folks without any preexisting conditions also benefit.

Read more at the Washington Post to see who will lose.