- 145,000 Arkansas residents relied on enhanced premium tax credits in 2024†.
- An Arkansas couple in their early 60s earning about $82,800 per year would see their annual health insurance premium increase by an average of $16,283†. 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, Arkansas is projected to lose 3,303 jobs. By 2026, the state’s GDP will decline by $362 million, with total economic output dropping by $625.8 million. These losses would lead to a $23.3 million reduction in state and local tax revenues.†