Friend,
Thousands of Californians are receiving unwelcome news in the mail: Thanks
to Republicans’ refusal to extend the Affordable Care Act premium tax
credits, Covered California participants are set to see their healthcare
costs skyrocket in 2026.
Covered CA will see an average increase of 10.3% next year -- the largest
increase since 2018 -- with 1.7 million people in California facing an
additional 66% more in premium costs.(1,2) For over 600,000 healthy
Californians, this increase will likely cause them to drop out of the
exchange altogether, further driving up insurance costs for those who need
healthcare most.
[ [link removed] ]However, Congress can still take action and extend the tax credits. Can
you take a moment to write a letter to your members of Congress urging
them to extend the ACA Premium Tax Credit?
[ [link removed] ]SIGN NOW
The ACA tax subsidies were used by more than 90% of ACA enrollees, with
California alone standing to lose $2.1 billion.(3) In response to the
projected shifts in enrollment, resulting from the increase in costs due
to loss of subsidies, insurance companies have requested premium increases
of an average of 20% in 2026. (4) That means even more costs passed down
to consumers!
And while regular people nationwide are left wondering how they will be
able to handle the skyrocketing cost of insurance, Congress has chosen to
continue its handouts to the ultrawealthy and big corporations. Earlier
this year, Congress decided to cut over $800 billion in health insurance
funding in order to extend nearly $4 trillion in tax cuts to the top 1%,
while ignoring 20 million middle-class and working Americans.(5)
Access to affordable health insurance is a cornerstone of stability for
the middle class. Not having to worry about whether a health emergency
could wipe out all your savings helps ensure our collective well-being.
[ [link removed] ]Congress must act when it returns from recess to extend the ACA tax
credits in order to protect insurance access for millions in California
and nationwide.
Thank you for being in the fight!
–Irene, along with Annie, Angela, Isidra, Cecilia, Jen, and Lindsay (the
Courage team)
[ [link removed] ]SUPPORT OUR WORK
Footnotes:
1.
[link removed]
2.
[link removed]
3.
[link removed]
4.
[link removed]
5.
[link removed]
*****************************************************************
Courage California (formerly Courage Campaign) makes sure our democracy works for ALL of us by fighting corruption in California politics. We believe the solution lies in exposing and solving systemic problems through strategic organizing, enhancing coordination between progressive organizations, and mobilizing civic engagement from our communities, particularly voters of color, young voters, and self-identified progressives.
[link removed]
?t=1003
You can unsubscribe from this mailing list at any time:
[link removed]