The association, which represents 34 BCBS affiliates nationwide, said July 26 that low-income members could see premiums double without a tax credit extension.
“Paired with the profound, ongoing impact of inflation on basic needs like gas and groceries, millions of people will be effectively priced out of coverage with their health at stake,” Kim Keck, BCBSA president and CEO, said. “To ensure millions of Americans do not lose the coverage they count on, Blue Cross and Blue Shield companies urge Congress to extend premium tax credits.”
Set to expire at the end of this year, the tax credits have allowed nearly 13 million people to gain health coverage from their state’s ACA marketplace to date.
