The resolution urges the United States Congress to extend the enhanced premium tax credits for health insurance premiums under the Affordable Care Act, which are set to expire at the end of 2025. It highlights the importance of affordable health care for West Virginia residents, noting that the Affordable Care Act has significantly reduced the number of uninsured individuals in the state. The resolution emphasizes that the expiration of these tax credits would lead to a dramatic increase in health insurance premiums, making it unaffordable for many residents and forcing them to choose between health care and other essential needs.
Furthermore, the resolution points out that failing to extend these tax credits could destabilize the state's health insurance marketplace, resulting in higher premiums and potentially driving insurance providers out of the market. It calls on the West Virginia congressional delegation to advocate for the extension of these tax credits to ensure continued access to affordable health care, which is vital for the economic stability and well-being of the state's residents. The resolution concludes by requesting that copies be sent to key political figures, including the President and members of the West Virginia congressional delegation.