- 18,000 Hawaii residents relied on enhanced premium tax credits in 2024†.
- A Hawaii couple in their early 60s earning about $95,200 per year would see their annual health insurance premium increase by an average of $16,702†. 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, Hawaii is projected to lose 143 jobs. By 2026, the state’s GDP will decline by $19.3 million, with total economic output dropping by $30.4 million. These losses would lead to a $1.7 million reduction in state and local tax revenues.†