The resolution urges the United States Congress to extend enhanced tax credits for health insurance premiums under the Affordable Care Act (ACA). It highlights the importance of affordable health care for the well-being and economic stability of Alaska residents, noting that the ACA has significantly reduced the number of uninsured individuals in the state. The enhanced tax credits, initially enacted through the American Rescue Plan and later extended by the Inflation Reduction Act, have made health insurance more accessible for over 23,000 residents. However, these credits are set to expire soon, which could lead to a dramatic increase in health insurance premiums, forcing many residents to choose between health care and other essential needs.

The resolution emphasizes that the expiration of these tax credits would not only jeopardize the health of individuals and families but also strain state resources by increasing reliance on state-funded assistance programs. It warns that reduced enrollment in the state's health insurance marketplace could destabilize risk pools, leading to higher premiums and fewer insurance providers. Therefore, the Alaska State Legislature calls on Congress to act swiftly to extend these tax credits beyond 2025, urging the state's congressional delegation to prioritize the health and economic stability of Alaskans by ensuring continued access to affordable health care.