East Tennessee businesses face steep health insurance premium hikes as credits expire

KNOXVILLE, Tenn. (WATE) — As Affordable Care Act Tax Credits expire, America is diving headfirst off the subsidy cliff, costing East Tennesseans hundreds of dollars in health insurance premiums.

Advent Electric is a full-service contractor that covers 100% of its employee’s healthcare costs.

“It is the last thing I thought I would be dealing with as a business owner, trying to guess health insurance — trying to guess what’s best,” said Advent Electric co-owner Nicholas Hodge.

Vacant Knoxville lot to be replaced with duplexes: How infill housing works

Hodge said he navigates the Affordable Care Act marketplace, so his employees don’t have to…

Story continues

TRENDING NOW

LATEST LOCAL NEWS