The core of this argument is centered around the enhanced premium tax credits, set to expire on December 31st.
People purchasing insurance through the marketplace has more than doubled since its passing into law during COVID. 92% of marketplace participants currently receive a subsidy and if subsidies go away, people drop coverage which would result in insurance premiums going up for everyone. The median wage earner in Michigan could see as high as a +$250 per month increase in premium.
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