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Three in Four Adults Support Extending Enhanced Tax Credits for ACA Marketplace Coverage, Including Most of Those With Self-Purchased Insurance As you may know, in 2021 Congress increased the financial help provided through tax credits available to some people who purchase health insurance through the Affordable Care Act marketplace to help them afford their premiums. These enhanced tax credits are set to expire at the end of 2025.
Do you think Congress should extend these enhanced tax credits, or should they let these enhanced tax credits expire?
Previous KFF polling has shown that attitudes towards the credits shift slightly after hearing counterarguments both for and against the extension of the credits. This month’s poll shows that large majorities of the public, including majorities of Democrats, independents, Republicans, and MAGA supporters are concerned about many of the potential consequences of letting these enhanced tax credits expire. Additionally, majorities of independents and Republicans and about half of Democrats are concerned about the consequences for extending them.
More than eight in ten adults say they would be concerned, including at least half who say they would be “very concerned,” if they heard that health insurance would be unaffordable for many people who buy their own coverage (86%), that 4 million people would lose their health insurance coverage (86%), or if they heard that people who work at small businesses or are self-employed would be directly impacted (85%).
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