Yes. All Pennie enrollees will experience cost increases starting in January 2026 if the enhanced premium tax credits are not extended by Congress. This is because the enhanced premium tax credits that reduce your monthly costs are set to expire at the end of 2025.
The health insurance marketplace has provided premium tax credits since 2014. The federal government increased the amount of tax credits at every income level starting in 2021 to make coverage more affordable – referred to as the “enhanced premium tax credits.”
Unless Congress takes action to extend the enhanced premium tax credits, your financial savings will decrease, leading to higher monthly payments for you starting in January 2026. The overall cost of health insurance is expected to increase in addition to lower amounts of premium tax credits.
To learn more and see how this could affect your region, visit Affordability | Pennie. If you want to share your story about how much you have benefitted from having coverage through Pennie, please go chachi@pennie.com.