From the office of John Larson:
U.S. Reps. John B. Larson (CT-01), Joe Courtney (CT-02), Rosa DeLauro (CT-03), Jim Himes (CT-04) and Jahana Hayes (CT-05) joined Access Health CT CEO James Michel in Hartford to discuss the urgent need for Congress to maintain longstanding Affordable Care Act tax credits in a government funding bill.
This month, an estimated 142,000 Connecticut residents are set to see their health care costs skyrocket when Access Health CT sends notices of 2026 premiums for Affordable Care Act plans. The sharp cost hike is due to the expiration of Affordable Care Act tax credits. The Connecticut Congressional delegation is fighting to prevent this by maintaining the tax credits in a truly clean government funding bill.
If Congress lets Affordable Care Act tax credits expire:
- A couple in their early-60s in Hartford County with an annual income of $85,000 will see their premium increase by $25,103/year.
- A family of four in New London County with an annual income of $130,000 will see their premium increase by $13,885/year.
- A family of four in New Haven County with annual income of $130,000 will see their premium increase by $12,992/year.
- A couple in their early-60s in Fairfield County with an income of $85,000/year will see their premium increase by $30,261/year.
- A couple in their mid-50s in Litchfield County with an annual income of $85,000 will see their premium increase by $21,496/year.
Source: The Kaiser Family Foundation
