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If these subsidies expire, it would pull out the rug from under the American people at a time when health care coverage is so important.

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Physical therapy is fundamentally about helping people reach their full potential - and that is exactly what our leaders can do by making this relief permanent. The people of Massachusetts, and millions of Americans, are counting on Congress to protect their coverage by ensuring that a subsidy extension is included in the budget that is currently being debated in Washington, D.C. And a 55-year-old couple earning $70,551 a year would see premiums rise $761 per month, amounting to an increase of more than $9,000 each year.Д®xpanding access to high-quality, reliable, and affordable health care is how we will move both our country and our commonwealth forward. For a 46-year-old making $41,860 a year, premiums would increase by more than $1,300 per year. HereвЂ™s what will happen if subsidies are allowed to expire, according to a recent report from AmericaвЂ™s Health Insurance Plans: A 27-year-old individual making $19,191 a year would see their premiums increase by almost $800 per year.

And analysis by the Urban Institute estimates that extending the current subsidies would increase marketplace enrollment nationwide by over 5 million people, or more than 60% in 2022.ДЇailing to extend the subsidies would lead to significant premium increases for as many as 12 million people who could see their costs increase by as much as $50 per month, or $600 each year. There are 259,677 Massachusetts residents currently enrolled in the marketplace.

Relief like these subsidies that bring more Americans into the federal insurance marketplace helps lower average premium rates for all individuals who buy coverage. If the subsidy expansions remain in the federal budget, no middle-class family would have to pay more than 8.5% of its income on premiums, and 19,000 uninsured Bay Staters could have access to affordable care through marketplace tax credits next year. Simply put, these tax credits mean more families can get the coverage they need. Others could see their premiums rise by hundreds of dollars a month, effectively putting insurance coverage out of reach. In Massachusetts alone, 42,900 uninsured Bay Staters could lose the opportunity to purchase affordable health insurance.

Our industry will also play an increasingly important role in keeping Americans healthy, active, and independent in the months and years ahead.ДЄs we work to heal from the impact of the COVID-19 pandemic, losing insurance relief would have a devastating effect on our economy and our health care system. The value of multidisciplinary care from professionals like physical therapists cannot be overstated - our profession has been instrumental in helping people with COVID-19 recover and get back on their feet. They have also reduced monthly premiums by an average of 40%. Health insurance helps every American get the care they need, especially people who are so often priced out of affordable care.ДЄRPA subsidies have dramatically improved both the access to and affordability of cost-effective, proven therapies for countless Americans and Bay Staters. For many, out-of-pocket expenses can be out of reach. Rehabilitation services to treat chronic disease or acute health conditions and pain management tools are costly. Sadly, these vital subsidies will expire next year unless Congress steps up to protect them.ДЄs health care providers, physical therapists are dedicated to optimizing the health and well-being of all people across all communities. These expanded subsidies make comprehensive health coverage accessible to millions of families who could otherwise not afford insurance. That COVID-19 relief legislation that passed earlier this year included crucial tax credits that help reduce health care costs.

If you are among the 12 million people who buy their health insurance through the federal marketplace, your premiums likely became much more affordable under the American Rescue Plan Act (ARPA).