- 308,000 Arizona residents relied on enhanced premium tax credits in 2024†.
- An Arizona couple in their early 60s earning about $82,800 per year would see their annual health insurance premium increase by an average of $11,977†. 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, Arizona is projected to lose 5,280 jobs. By 2026, the state’s GDP will decline by $653.1 million, with total economic output dropping by $1.1 billion. These losses would lead to a $41.4 million reduction in state and local tax revenues.†