Center for American Progress

STATEMENT: Millions of Americans Will Be Hit With Premium Spikes at the Start of the Year, Deepening the Affordability Crisis
Press Statement

STATEMENT: Millions of Americans Will Be Hit With Premium Spikes at the Start of the Year, Deepening the Affordability Crisis

Washington, D.C. — Today, an estimated 20 million Americans will begin the new year facing higher health insurance costs after congressional Republicans and President Donald Trump failed to extend the Affordable Care Act’s enhanced premium tax credits before January 1, 2026.

In response, Topher Spiro, senior fellow for Health Policy at the Center for American Progress, issued the following statement:

This was entirely preventable. A majority of Americans support extending the Affordable Care Act’s enhanced premium tax credits, and a majority of Congress knows action is needed to stop premium costs from more than doubling in 2026. Instead, government inaction will leave families to pay the price and deepen the affordability crisis.

There is still a clear path forward to extend these tax credits and protect Americans’ health coverage. It’s not too late to fix this.

For more information or to speak with an expert, please contact Christian Unkenholz at [email protected].

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