- 63,000 Kentucky residents relied on enhanced premium tax credits in 2024†.
- A Kentucky couple in their early 60s earning about $82,800 per year would see their annual health insurance premium increase by an average of $15,184†. 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, Kentucky is projected to lose 4,277 jobs. By 2026, the state’s GDP will decline by $497.8 million, with total economic output dropping by $839.9 million. These losses would lead to a $36.4 million reduction in state and local tax revenues.†
