Exam term

Premium tax credit

A subsidy, often advanced monthly, that lowers a Marketplace enrollee's premium based on household income and reconciled on the federal tax return.

Lessons that use this term

ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods New York
ACA individual mandate and employer shared responsibility New York
ACA marketplace, subsidies, and essential health benefits Texas