low-income earner 64 years age warn pay half annual income health insurance individual market republican party new health care bill set replace obamacare american health care act.the congressional budget office find revise bill fact bring overall premiums individual market rate four twenty percent 2026 compare current law variation percentage differ state-by-state depend whether state accept regulatory waivers american health care act would allow insurers offer much skimpy health plan low premiums mean state allow waivers would far low premiums individual would cover lot less well whereas state waivers would high rate comprehensive coverage.premiums would also differ greatly depend age income look pretty grim individuals old age bracket fix income.using annual income 26,500 example individual age 21 years old may advantage new scheme currently affordable care act individual pay average 1,700 per year insurance premiums amount would drop 1,250 american health care act state accept regulatory waivers although would cover less state accept waivers average premiums 21-year-old would actually increase around 50 per annum 1,750 per year.however 64-year-old annual income 26,500 currently still spend average amount 1,700 per annum premiums obamacare things look pretty bleak american health care act new republican bill roughly 60 percent income go toward insurance premiums live state accept waivers fork around 16,500 year still whole lot good state would pay 13,600 still half wages.if however 64-year-old make least 68,200 per year look good certain situations republican party new scheme one whose tax credit base age income annual income 68,200 high receive tax credit obamacare individual would expect pay 15,300 insurance premiums whereas trump american health care act premium would drop 13,600 state accept regulatory waivers would actually increase 16,100 state t.the reason age-factor also tax credit american health care act start phase 75,000 individuals yearly income 75,000 receive few subsidies new republican bill expect pay premiums would affordable care act.this achieve variety ways first obamacare income-based tax credit give low-income earners abolish replace tax-credit base age annual salary 75,000 one give old people slightly also american health care act adjust rule obamacare place protect old people high premiums rule take consideration elderly generally bad health young insurers allow charge old person three time would charge young person new republican bill insurers would able charge old person five time would charge young person 66 percent could obamacare.as result republican bill theory bring insurance premiums general expense old poor americans nobody know health care would complicated.featured image via bill clark-pool/getty image gop health care bill premiums could rise 850 low-income old americans