The Advanced Premium Tax Credit (APTC) is a part of the Affordable Care act. The State Marketplace determines your eligibility for an APTC and the subsidy amount based on household size and income. The Federal Government pays the APTC amount directly to your insurance provider. These payments help pay your monthly insurance premiums. You must reconcile your APTC
What is an APTC? In Idaho, individuals and families enrolled in the Idaho Health Insurance marketplace may be eligible to receive a tax credit to help pay for health insurance premiums. The Federal government pays this tax credit on behalf of the policy holder, a calculated amount each month, to their insurance company. This Advanced […]
How to Reconcile your Health Insurance Tax Credit (APTC) Read More »
What options do you have when health insurance becomes unaffordable? Sometimes, employer or private health insurance is not affordable based on an individual or family income. There are several ways to approach making your insurance premium affordable. First, with an individual plan, you can apply for a tax credit. Your Health Idaho is the only
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