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flag Without extension, ACA tax credits could double small business owners’ health premiums in Maine and nationwide.

flag Small business owners in Maine, like the Links of Windham, could see ACA premiums more than double if enhanced tax credits expire at year's end, raising their monthly costs from $954 to $2,147. flag The credits, extended through 2025 as pandemic relief, cap premiums at 8.5% of income and are vital for self-employed individuals earning above standard subsidy limits. flag Nationwide, about 4.4 million small business owners could face an average $1,500 annual premium increase. flag Though all of Maine’s congressional representatives support continuation, no extension has been enacted, leaving the future uncertain amid ongoing political debates.

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