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Health care reform

Senator Shaheen Advocates for Permanent Extension of ACA Enhanced Premium Tax Credits

Strategic Insights

— 1 min read

Senator Jeanne Shaheen led a roundtable discussion at New Futures with health care advocates, small business owners, and Granite Staters affected by the Affordable Care Act (ACA) Marketplace. Shaheen continued her "Affordability Action Tour" to raise awareness about the expiration of enhanced premium tax credits at the end of the year, which could significantly increase premiums for those who rely on them for health insurance coverage. Shaheen emphasized the urgency of the situation, stating that insurance companies are setting rates now and that the fight over government shutdown is centered around extending these credits.

Key Takeaways:

  • Senator Shaheen's bicameral legislation aims to permanently extend the ACA enhanced premium tax credits, benefiting approximately 50% of recipients who are small business owners and their employees.
  • The expiration of enhanced premium tax credits at the end of the year could lead to increased premiums and a sicker risk pool, ultimately affecting all individuals and businesses that rely on community health centers and small businesses.
  • According to Shaheen, 76% of people benefiting from these premium tax credits reside in states that Donald Trump won in the presidency, with 56% in Republican congressional districts and 57% identifying as MAGA Republicans.
  • Senator Shaheen's landmark Health Care Affordability Act aims to make health care more affordable through the permanent extension of enhanced premium tax credits.
  • The senator has been introducing efforts in Congress to preserve and extend the enhanced premium tax credits, which are at the center of the ongoing government funding fight.
  • Shaheen highlighted the importance of grassroots efforts in making a difference in addressing healthcare affordability and emphasized the need to inform individuals about the potential impact of the premium tax credit expiration.

Statistics:

  • 76% of people benefiting from the ACA enhanced premium tax credits reside in states that Donald Trump won in the presidency.*
  • 56% of those benefiting from the ACA enhanced premium tax credits reside in Republican congressional districts.*
  • 57% of people benefiting from the ACA enhanced premium tax credits identify as MAGA Republicans.*
  • Almost 50% of the people receiving the ACA enhanced premium tax credits are small business owners and their employees.*
  • 4 facilities have closed in New Hampshire since the passage of the Big Beautiful Betrayal legislation in the summer.*

Sources:

  • Office of the Senator Jeanne Shaheen
  • Original source material provided

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