- 528,000 Tennessee residents relied on enhanced premium tax credits in 2024†.
- A Tennessee couple in their early 60s earning about $82,800 per year would see their annual health insurance premium increase by an average of $18,086†. 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, Tennessee is projected to lose 13,269 jobs. By 2026, the state’s GDP will decline by $1.8 billion, with total economic output dropping by $2.8 billion. These losses would lead to a $105.3 million reduction in state and local tax revenues.†
