Editor’s note: This is the second story in a series on how the One Big Beautiful Bill Act and Congress are impacting states in new legislative sessions. Tune in throughout the week as we dive deep on health, tax and benefit policy.
The leaders of six states used state funds last year to partially — and in New Mexico’s case, fully — backfill expiring federal tax credits in an effort to protect families from skyrocketing health insurance premiums on the individual market.
State leaders stepped in after Congress failed to extend pandemic-era enhancements to premium tax credits past Dec 31.
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