INSURASALES

Bill Proposed to Permanently Extend ACA Enhanced Premium Tax Credits

Congresswoman Kristen McDonald Rivet is co-sponsoring legislation aimed at making the Affordable Care Act's enhanced premium tax credits permanent. These tax credits, which currently help reduce health insurance costs, are scheduled to expire at the end of the year. Studies suggest that without these credits, average health insurance premiums could increase by over $700 per person in Mid-Michigan, potentially exacerbating financial strains on households already facing rising living costs.