Connecticut

  • 112,000 Connecticut residents relied on enhanced premium tax credits in 2024.
  • A Connecticut couple in their early 60s earning about $82,800 per year would see their annual health insurance premium increase by an average of $27,670. 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, Connecticut is projected to lose 593 jobs. By 2026, the state’s GDP will decline by $82.6 million, with total economic output dropping by $129.3 million. These losses would lead to a $7 million reduction in state and local tax revenues.
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