 Brace Yourself For 74 Percent Higher Health Care Premiums Under New BillAccording to a new report, health insurance premiums will shoot up 74% for the Average American under the health care bill being served up by the Republican Senate. Older customers will be hit even harder with some paying twice as much for plans comparable to what they currently have.The nonpartisan group Kaiser Family Foundation analyzed the costs for individual market plans that cover 70% of medical costs   what most Obamacare plans cover   and factored in insurance prices and subsidies under the Republican bill.Mitch McConnel s health bill encourages customers to purchase plans with high deductibles, reduces subsidies for lower-income Americas, and allows insurers to charge older people more.These changes would result in plans varying dramatically due to age and income, with low-income and older persons suffering the most.People between 55 and 64 would see an increase of 115$ on average, which is more than double the Obama care prices. Low-income Americans who make less than $24,000 a year would receive an increase of 177$, versus only 57% for people that bring in more money.Younger and higher income Americans will see less sweeping changes in their insurance premiums.Customers who have the disadvantage of being bother older and low-income will see premiums go up 294%, an increase of almost fourfold.The Senior Vice President for Special Initiatives at Kaiser Family Foundation, Larry Levitt, weighed in on the drastic situation. Faced with premiums almost quadrupling, many of these low-income adults would tend to either go without coverage entirely because it s unaffordable or gravitate towards a plan with lower premiums and higher deductibles. The Congressional Budget Office even admits this bill is going to be disastrous for Americans. Their own analysis concluded that premiums will most likely be too high for low-income Americans to purchase coverage, causing millions more to be stranded without insurance than under the current health care law.Photo by Drew Angerer/Getty ImagesNews
brace yourself for percent higher health care premiums under new billaccording new report health insurance premiums shoot average american health care bill served republican senate older customers hit even harder paying twice much plans comparable currently nonpartisan group kaiser family foundation analyzed costs individual market plans cover medical costs obamacare plans cover factored insurance prices subsidies republican mcconnel health bill encourages customers purchase plans high deductibles reduces subsidies americas allows insurers charge older people changes would result plans varying dramatically due age income older persons suffering would see increase average double obama care prices americans make less year would receive increase versus people bring higher income americans see less sweeping changes insurance disadvantage bother older see premiums go increase almost senior vice president special initiatives kaiser family foundation larry legit weighed drastic situation faced premiums almost quadrupling many adults would tend either go without coverage entirely affordable gravitate towards plan lower premiums higher deductibles the congressional budget office even admits bill going disastrous americans their analysis concluded premiums likely high americans purchase coverage causing millions stranded without insurance current health care drew imagenes
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT:  Brace Yourself For 74 Percent Higher Health Care Premiums Under New BillAccording to a new report, health insurance premiums will shoot up 74% for the Average American under the health care bill being served up by the Republican Senate. Older customers will be hit even harder with some paying twice as much for plans comparable to what they currently have.The nonpartisan group Kaiser Family Foundation analyzed the costs for individual market plans that cover 70% of medical costs   what most Obamacare plans cover   and factored in insurance prices and subsidies under the Republican bill.Mitch McConnel s health bill encourages customers to purchase plans with high deductibles, reduces subsidies for lower-income Americas, and allows insurers to charge older people more.These changes would result in plans varying dramatically due to age and income, with low-income and older persons suffering the most.People between 55 and 64 would see an increase of 115$ on average, which is more than double the Obama care prices. Low-income Americans who make less than $24,000 a year would receive an increase of 177$, versus only 57% for people that bring in more money.Younger and higher income Americans will see less sweeping changes in their insurance premiums.Customers who have the disadvantage of being bother older and low-income will see premiums go up 294%, an increase of almost fourfold.The Senior Vice President for Special Initiatives at Kaiser Family Foundation, Larry Levitt, weighed in on the drastic situation. Faced with premiums almost quadrupling, many of these low-income adults would tend to either go without coverage entirely because it s unaffordable or gravitate towards a plan with lower premiums and higher deductibles. The Congressional Budget Office even admits this bill is going to be disastrous for Americans. Their own analysis concluded that premiums will most likely be too high for low-income Americans to purchase coverage, causing millions more to be stranded without insurance than under the current health care law.Photo by Drew Angerer/Getty ImagesNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: brace yourself for percent higher health care premiums under new billaccording new report health insurance premiums shoot average american health care bill served republican senate older customers hit even harder paying twice much plans comparable currently nonpartisan group kaiser family foundation analyzed costs individual market plans cover medical costs obamacare plans cover factored insurance prices subsidies republican mcconnel health bill encourages customers purchase plans high deductibles reduces subsidies americas allows insurers charge older people changes would result plans varying dramatically due age income older persons suffering would see increase average double obama care prices americans make less year would receive increase versus people bring higher income americans see less sweeping changes insurance disadvantage bother older see premiums go increase almost senior vice president special initiatives kaiser family foundation larry legit weighed drastic situation faced premiums almost quadrupling many adults would tend either go without coverage entirely affordable gravitate towards plan lower premiums higher deductibles the congressional budget office even admits bill going disastrous americans their analysis concluded premiums likely high americans purchase coverage causing millions stranded without insurance current health care drew imagenes