South Dakotans will pay the price if Congress lets tax credits expire

Nikki Gronli

In recent years, more South Dakotans, including small-business owners, entrepreneurs, farmers, and working families, have turned to the individual marketplace for health insurance. A critical part of this health insurance lifeline is the enhanced premium tax credits that help lower the cost of monthly premiums for eligible enrollees.

Unless Congress acts quickly, these tax credits will expire at the end of the year. If that happens, families in South Dakota and across the country will feel it quickly and deeply.

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