- 1,245,000 Georgia residents relied on enhanced premium tax credits in 2024†.
- A Georgia couple in their early 60s earning about $82,800 per year would see their annual health insurance premium increase by an average of $16,114†. 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, Georgia is projected to lose 28,368 jobs. By 2026, the state’s GDP will decline by $3.3 billion, with total economic output dropping by $5.5 billion. These losses would lead to a $212.7 million reduction in state and local tax revenues.†