- 23,000 Alaska residents relied on enhanced premium tax credits in 2024†.
- An Alaska couple in their early 60s earning about $103,000 per year would see their annual health insurance premium increase by an average of $43,946†. 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, Alaska is projected to lose 725 jobs. By 2026, the state’s GDP will decline by $94.9 million, with total economic output dropping by $151.9 million. These losses would lead to a $4.2 million reduction in state and local tax revenues.†
