- 4,089,000 Florida residents relied on enhanced premium tax credits in 2024†.
- A Florida couple in their early 60s earning about $82,800 per year would see their annual health insurance premium increase by an average of $13,539†. 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, Florida is projected to lose 49,232 jobs. By 2026, the state’s GDP will decline by $5.5 billion, with total economic output dropping by $9.5 billion. These losses would lead to a $301.4 million reduction in state and local tax revenues.†
