WASHINGTON, D.C. — On Friday, the United States Congress adjourned without extending the Affordable Care Act (ACA) premium tax credits. Marisa Calderon, President and CEO of Prosperity Now, issued the following statement:

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“Congress leaving town without extending the ACA premium tax credits has real financial consequences for families heading into 2026. When these subsidies expire, monthly premiums for people who rely on them are projected to rise by an average of 114 percent, with many seeing their costs more than double. An estimated 2.2 million people could lose coverage next year, with millions more affected in the years to follow.

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For people who buy coverage on their own, including freelancers, small business owners, and self-employed workers, this change is immediate and personal. Monthly insurance costs could rise by hundreds of dollars, and in some cases as much as $700 per month, depending on age, income, and where someone lives. For a family earning around $60,000, that level of increase competes directly with everyday necessities like groceries, housing, and childcare.

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The costs do not stop at the kitchen table. Hospitals, particularly rural and community facilities, would face higher levels of unpaid care as people delay treatment or go without coverage. Any reduction in federal spending would likely be offset by higher costs borne by families, states, and the health care system.

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From a financial stability standpoint, predictability matters. Revisiting this issue early in the new year would help prevent avoidable strain on household budgets and give families the certainty they need to plan ahead.”

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About Prosperity Now – Since1979, Prosperity Now has been a trusted leader in strengthening financial security, expanding access to capital, and ensuring economic stability for businesses, families, and communities. Learn more at www.prosperitynow.org.

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Contact:
‍Sarah Schwartzberg - (516) 419-0908
‍media@prosperitynow.org