- 112,000 Connecticut residents rely on enhanced premium tax credits†.
- A Connecticut couple in their early 60s earning about $82,800 per year would see their annual health insurance premium increase by an average of $28,100†. To keep their coverage, they could have no choice but to incur debt or forego medical care in order to reduce expenses.
- If enhanced premium tax credits expire, Connecticut is projected to lose 593 jobs. By 2026, the state’s GDP will decline by $82.6 million, with total economic output dropping by $129.3 million. These losses would lead to a $7 million reduction in state and local tax revenues.†
