Do you need to purchase insurance, in a new health insurance exchange, as a part of the Affordable Care Act? Here’s a tool that can help you to understand more about your options with the ACA. Use the tax credit calculator to find out more information.
Subsidies, also known as advanced premium tax credits, are the discounts that you receive on your Affordable Care Act insurance. This number is based primarily on your income. This discount is applied in advance towards your monthly premium.