Advance Premium Tax Credits (APTC)

The following is an announcement from The Finance Buff: 2024 2025 Cap on Paying Back ACA Health Insurance Subsidy August 30, 2024 by Harry Sit in Healthcare 58 CommentsKeywords: ACA, health insurance, Obamacare, tax credits, tax prep [Updated on August 30, 2024.]   The ACA health insurance subsidy, aka the premium tax credit, is set up such that, for the most part, it doesn’t matter

The Exchange told me that my income is too small for subsidies, but Medicaid rejected me. Is there anything I can do?

Often there is. The final rules for the Obamacare Exchange include two little-known provisions that can help many people in this situation. The first deals with people who have a lawfully present foreign citizen in the family. Because it was known that many very low income foreign nationals could not qualify for Medicaid, a means