How to Claim the Premium Tax Credit

Health insurance premiums can be expensive, but thankfully there is a tax credit that can help offset the cost for moderate income families.

In order to claim the premium tax credit:

Health insurance coverage must be obtained through the Health Insurance Marketplace.

Your total household income needs to fall between one and four times the federal poverty line.

You can't qualify for Medicare, Medicaid, or other coverage, including employer-sponsored coverage.

When you enroll through the Marketplace, you will be notified if you qualify for the premium tax credit.