December 12, 2024

The Health

Your health, your choice

Premium Tax Credit: Are You Eligible For This Health Insurance Tax Break?

Premium Tax Credit: Are You Eligible For This Health Insurance Tax Break?

The 2025 open enrollment is here, and millions of families are again flocking to find affordable health insurance. If you’ve shopped for health insurance on the federal marketplace, you may be eligible for a refundable health insurance tax credit.

The premium tax credit helps qualifying individuals and families afford health insurance purchased from the federally-regulated marketplace, better known as the Affordable Care Act (ACA) online network of health insurance plans or “Obamacare.”

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