Ten things to know:
If ACA premium tax credits became permanent:
- Premium tax credits would increase to $305.5 billion.
- The average annual credit for a new enrollee would be $4,980 from 2023 to 2032.
- Federal deficits would increase by $247.9 billion between 2023 and 2032.
- From 2023 to 2032, there would be 4.8 million net enrollees, with 5.2 million new enrollees and a loss of 400,000.
- There would be 200,000 more enrollees in Medicaid and the Children’s Health Insurance Program.
- There would be 500,000 fewer nongroup enrollees because of coverage purchased outside an ACA marketplace.
- There would be 2.3 million fewer people enrolled in employer-sponsored plans.
If the “family glitch” was fixed:
- Nongroup enrollees would increase on average by 900,000 every year from 2023 to 2032.
- Nongroup enrollment would come from 600,000 fewer people with employer-sponsored coverage, 400,000 fewer people without coverage and 100,000 more people enrolled in Medicaid and CHIP.
- The federal deficit would increase by $33.6 billion because of a $43.7 billion increase in spending.
