- 53,000 South Dakota residents relied on enhanced premium tax credits in 2024†.
- A South Dakota couple in their early 60s earning about $82,800 per year would see their annual health insurance premium increase by an average of $19,994†. 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, South Dakota is projected to lose 650 jobs. By 2026, the state’s GDP will decline by $80.3 million, with total economic output dropping by $132.5 million. These losses would lead to a $3.6 million reduction in state and local tax revenues.†
