Health insurance is at risk if premium tax credits are eliminated – a slideshow
Medical Economics November 20, 2024
Key Takeaways
- Enhanced premium tax credits, crucial for Marketplace insurance affordability, are set to expire, risking significant coverage losses.
- The expiration could disproportionately affect states, races, incomes, and age groups, exacerbating healthcare access disparities.
- Over 21 million people are currently enrolled in Marketplace plans, with a 42% drop in the uninsured rate due to these credits.
- Policymakers must act to prevent a potential healthcare access and affordability crisis as the expiration of tax credits looms.
How many people will be affected if Congress does not extend premium tax credits for ACA insurance?
Millions of Americans could lose health insurance coverage depending on federal action in the nation’s capital.
Congress approved an expansion of premium tax credits so people...