Medical Economics October 28, 2024
Key Takeaways
- Premium tax credits have nearly doubled Health Insurance Marketplace enrollment since 2020, with 92% of enrollees benefiting from them.
- ACP supports making premium tax credits permanent and removing the 400% federal poverty level eligibility cap.
- The political landscape poses challenges, as premium tax credits are viewed as a partisan issue, complicating legislative efforts.
- Non-extension of credits could negatively impact patients in states without Medicaid expansion, affecting insurance affordability.
Congressional action needed before premium tax credits expire at end of 2025.
Congress must ensure continuation of premium tax credits that have contributed to record high health insurance coverage rates in the nation, according to the American College of Physicians (ACP).
The tax credits are set to expire...
Today's Sponsors
Today's Sponsor