Premium Tax Credit Enhancements for Individual and Family Plans May Expire

Here’s what this could mean for you.

Health insurance premiums change every year, with a variety of factors contributing to those fluctuations. These include where you live, the overall health of the population, rising health care costs, administrative expenses, and inflation. The good news? You don’t have to navigate it alone — Via Benefits is here to help.

One factor that’s especially relevant this year is the potential expiration of enhanced Premium Tax Credits (PTCs).

Since 2021, millions of Americans have benefited from these enhanced PTCs, introduced during the COVID-19 pandemic to make health insurance more affordable. Originally part of the American Rescue Plan and later extended through 2025 by the Inflation Reduction Act, these enhancements significantly lowered monthly premiums for people purchasing coverage through the Affordable Care Act (ACA) marketplaces. They also expanded eligibility, allowing more middle-income Americans to qualify for financial help. As a result, record numbers of people enrolled—many paying little or nothing for their plans.

What you can do

While premium changes are a normal part of the insurance landscape, some years bring more volatility than others. Via Benefits is here to help.

Here’s how to stay ahead:

• Watch for notifications from your insurance carrier in the fall. If your premium increases significantly or your plan is ending, take action early.

• Schedule an enrollment appointment with Via Benefits at the start of the Open Enrollment Period (November 1 – December 15). We can help you find a plan that fits your health needs and your budget.

Change is constant—but with support from Via Benefits, you can stay covered and confident.