Household Spending May Surge, Enrollment May Shrink If Enhanced ACA Subsidies Expire

  • Dec 13, 2024

    In a letter released by Families USA, the advocacy group plus more than 70 organizations called on Congress to pass an extension of the enhanced advance premium tax credits (APTCs) that are set to expire after 2025. Multiple studies have suggested that if Congress fails to extend the subsidies, millions of Americans will lose their Affordable Care Act exchange coverage, and millions more will see their monthly premiums go up significantly.

    The enhanced subsidies have been in place since 2021 due to the passage of the American Rescue Plan Act, and the Inflation Reduction Act extended them through 2025. They increased the level of APTCs available to lower-income individuals (making $0-premium plans widely available to that group) and extended APTC eligibility to people with incomes at or above 400% of the federal poverty level (FPL).

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  • Jinghong Chen

    Jinghong has been producing infographics and data stories on employer-sponsored insurance, public health insurance programs and prescription drug coverage for AIS Health’s Health Plan Weekly and Radar on Drug Benefits since 2018. She also manages AIS Health’s annual executive compensation database for top insurers and Blue Cross and Blue Shield affiliates. Before joining AIS Health, she interned at WBEZ, Al Jazeera English and The New York Times Chinese. She graduated from Missouri School of Journalism with a focus on data journalism and international reporting.

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