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The eligibility criteria for the premium tax credit is determined by section 1401 of the Affordable Care Act (Obamacare). The Act was signed into law on March 23, 2010, and specified that the credits are only available to individuals and families who have enrolled in a health plan offered on a healthcare exchange.
In 1907, the State Treasurer was instrumental in a massive expansion of credit to rebuild San Francisco after the 1906 Earthquake, [22] however, at that time the Treasurer was essentially an office controlled by the railroads. In 1907, the expansion of California money supply led by the Treasurer selling bonds to build the Port of San Francisco ...
The patient navigator's primary role, as defined in section 1311, is to educate the public on information about health care plans, to facilitate enrollment into health plans, and provide information for tax credits and cost-sharing reductions [citation needed]. The education and information provided by patient navigators must be culturally and ...
The premium tax credit is a refundable tax credit in the United States that’s designed to help eligible individuals and families with low or moderate income afford marketplace health insurance.
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It is administered by the California Department of Health Care Services, which operates it in accordance with California's Medicaid State Plan and Title XIX of the Social Security Act. [7] California relies on Affordable Care Act (ACA) funding to support the Covered California program.
Common federal tax credits include: Child tax credit. Child and dependent care credit. Earned income tax credit. Adoption credit. Residential energy credit. Electric vehicle credit. Premium tax credit
The premium prices would rise because the ACA requires the insurers to reduce the co-payments and deductibles, even without the CSR subsidies, so the insurers would increase premiums to offset their losses. Since ACA after-subsidy premiums are capped as a percent of income, premium price increases result in premium tax credit subsidy increases. [1]