U.S. Congresswoman Laura Friedman (CA-30) convened a conversation with healthcare experts from Covered California and Saban Community Clinic to discuss the urgent threat posed by the expiration of federal tax credits that help millions of Californians afford their health insurance.
Nearly 90% of Covered California enrollees receive tax credits that lower their monthly premiums. Without congressional action, those enhanced credits will expire at the end of 2025.
Healthcare Cost will Rise in California:
- Nearly 5.5 million Californians rely on the ACA for coverage.
- In Los Angeles County alone, nearly 2 million residents are enrolled.
- Nearly 90% of Covered California enrollees receive tax credits.
- Without action, many Californians could see premiums rise by over $100/month.
- In Friedman’s district, more than 47,000 constituents face premium increases up to 300%, and 28,000 will lose access to health coverage because of Republican cuts to Medicaid.
“After talking with my constituents, it’s clear that these tax credits are vital to making health care more affordable for millions of Californians,” said Congresswoman Laura Friedman (CA-30). “If Republicans in Congress refuse to renew them, families in my district will be forced to choose between groceries and coverage. I’ll keep standing up against Trump’s agenda which leaves hardworking families, seniors, or our healthcare workers to pay the price for his political games”
“We know the enhanced premium tax credits are working, with a record number of Californians signing up for coverage through the exchange this year,” said Covered California Executive Director Jessica Altman. “In this district alone, there has been a nearly 47 percent increase in total enrollment since the enhanced federal tax credits were implemented in 2021. Without these tax credits, Californians in this district are projected to pay $102 more in their monthly premiums next year. It’s time for Congress to act to extend these tax credits that have made health insurance affordable and accessible to millions of Americans.”
Earlier in October, Friedman stood with frontline healthcare workers and constituents outside Hollywood Presbyterian Medical Center to condemn the Republican-led government shutdown and call out their devastating impact on affordable healthcare for hardworking Americans.