FRANKFORT, Ky. (LEX 18) — Nearly 100,000 Kentuckians could see their health insurance premiums increase by up to 37% unless Congress extends tax credits set to expire at the end of the year, Governor Andy Beshear warned.
The governor said this jump is 10 times bigger than increases seen in recent years, affecting those with insurance plans through Kynect, Kentucky's Affordable Care Act exchange.
Beshear and Congressman Morgan McGarvey held a press conference on Tuesday pushing President Donald Trump and Congress to extend the ACA tax credits currently set to expire on December 31st. The issue is part of the ongoing dispute between Republicans and Democrats that has led to the federal government shutdown.
Without these tax credits, Kentucky families will be forced to pay thousands more e

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