Over 1.6 million Essential Plan enrollees and 140,000 enrollees in Qualified Health Plans currently benefit from access to affordable Marketplace health insurance coverage thanks to enhanced tax credits made available under the American Rescue Plan Act of 2021 (ARPA)/Inflation Reduction Act (IRA).
These enhanced tax credits have: made private coverage more affordable for individuals who might otherwise go without coverage; stabilized finances for working families and individuals employed in elder and child care, retail, manufacturing, and other small businesses across the state; and led to historically low uninsured levels, reducing uncompensated care on hospitals and community health centers.
The attached fact sheets show the impact of the enhanced tax credit savings by New York Congressional District and the expected impact on these New Yorkers if not extended by Congress in 2025.
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Congressional District Fact Sheet 2025.pdf | 693.71 KB |