Shaheen Highlights Impact of Soon-Expiring ACA Enhanced Premium Tax Credits on Small Businesses

(Manchester, NH) – U.S. Senator Jeanne Shaheen (D-NH),author ofbicameral legislationto permanently extend the Affordable Care Act enhanced premium tax credits, met with New Hampshire small business owners that use the Affordable Care Act (ACA) for their health insurance coverage and are at risk of dramatically higher premiums if the ACA enhanced premium tax credits expire at the end of this year. Shaheen heard from the owners and employees of Diz’s Restaurant, Image 4, Stay Work Play and the Granite State Candy Shoppe. Businesses are already operating on thin margins and the ACA with enhanced premium tax credits have helped them cut costs and provide high quality health care to their employees.Photos from Shaheen’s meeting with small businesses can be foundHERE.
Following the event, Shaheenspoke with NPR’sHere & Nowto discuss what she heard from Granite State businesses and underscore the need for Congress to act urgently to extend the soon-expiring credits that have been a lifeline for tens of millions of working Americans.The full audio can be foundHERE.
Key quotes from Senator Shaheen:
Shaheenis leading effortsin Congress to make health care more affordable through the preservation and extension of enhanced premium tax credits. Shaheen’s first bill introduction this Congress was her landmarkHealth Care Affordability Act—bicameral legislation with Senator Baldwin and U.S. Congresswoman Lauren Underwood (IL-14) to permanently extend the tax credits for Marketplace coverage that have lowered health care costs for millions of Americans.
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