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  2. 2023 Income Limits For the Premium Tax Credit - AOL

    www.aol.com/2023-income-limits-premium-tax...

    People with income higher than that may qualify for credits in 2024 if their premiums exceed 8.5% of their household income. As an example, let’s consider a hypothetical scenario where a family ...

  3. Premium tax credit - Wikipedia

    en.wikipedia.org/wiki/Premium_tax_credit

    The premium tax credit ( PTC) is a mechanism established by the Affordable Care Act (ACA) through which the United States federal government partially subsidizes the cost of private health insurance for certain lower- and middle-income individuals and families. The PTC is a refundable tax credit, and may be applied directly to the cost of ...

  4. Health insurance marketplace - Wikipedia

    en.wikipedia.org/wiki/Health_insurance_marketplace

    t. e. In the United States, health insurance marketplaces, [1] also called health exchanges, are organizations in each state through which people can purchase health insurance. People can purchase health insurance that complies with the Patient Protection and Affordable Care Act (ACA, known colloquially as "Obamacare") at ACA health exchanges ...

  5. Federally Facilitated Marketplace - Wikipedia

    en.wikipedia.org/wiki/Federally_Facilitated...

    The Federally Facilitated Marketplace (FFM) is an organized marketplace for health insurance plans operated by the U.S. Department of Health and Human Services (HHS). The FFM opened for enrollments starting October 1, 2013. [1] The Federally Facilitated Marketplace is established in a state by the HHS Secretary for states that chose not to set ...

  6. When Are My Health Insurance Premiums Tax-Deductible? - AOL

    www.aol.com/finance/health-insurance-premiums...

    Health insurance premiums can be tax-deductible under some circumstances. Taxpayers who itemize may be able to use this deduction to the extent that their total medical and dental expenses ...

  7. Deducting Health Insurance Premiums If You're Self-Employed - AOL

    www.aol.com/finance/deducting-health-insurance...

    If you are self-employed, you may be eligible to deduct premiums that you pay for medical, dental and qualifying long-term care insurance coverage for yourself, your spouse and your dependents ...

  8. Affordable Care Act - Wikipedia

    en.wikipedia.org/wiki/Affordable_Care_Act

    No. 20-219, 596 U.S. ___ (2022) The Affordable Care Act ( ACA ), formally known as the Patient Protection and Affordable Care Act ( PPACA) and colloquially as Obamacare, is a landmark U.S. federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010.

  9. Trump voters would be hit hardest by health care ... - AOL

    www.aol.com/news/2017-03-13-trump-voters-would...

    Counties that voted for Trump would see a bigger drop in the tax credits designed to make insurance premiums more affordable. ... meaning that a 60-year-old earning $40,000 would get the same tax ...

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