- United States
- Texas
- Letter
The Affordable Care Act's enhanced premium tax credits have been instrumental in making health insurance more affordable and accessible for millions of Americans. Without these subsidies, premiums are projected to spike by a staggering 75% on average next year. This would price many individuals and families out of coverage, leading to a significant rise in the uninsured population. The subsidies have played a crucial role in driving record enrollment of 24 million people in ACA marketplaces and reducing the uninsured rate to its lowest level ever. Allowing these subsidies to expire would reverse this progress, with the Congressional Budget Office estimating an additional 4.2 million people becoming uninsured. I urge you to take action to extend the enhanced premium tax credits. Affordable health coverage should not be a privilege reserved for the wealthy, but a right accessible to all. By preserving these subsidies, we can maintain the gains made in expanding access to care and prevent millions from losing their vital health insurance.