While the Tax Cuts and Jobs Act 2017, which increased federal estate and gift tax exemptions of over $13 million, is set to expire by 2025-end and revert to $7 million if Congress doesn't intervene, the enhanced premium tax credit (PTC) could also disappear if provisions aren't extended by the end of next year. Analysts believe PTC expiry could hike insurance premiums to the level where they could become unaffordable for almost every enrollee.
