- Tax credits to make it easier for the middle class to afford insurance will become available for people with income between 100 percent and 400 percent of the poverty line who aren’t eligible for other affordable coverage. In 2014, 400 percent of the poverty line is $46,680 for an individual or $95,400 for a family of four. The tax credit is “advanceable,” so it can lower premium payments each month, rather than waiting until tax time. It’s also refundable, so even moderate-income families can receive the full benefit of the credit. These individuals may also qualify for reduced cost-sharing.
- Starting in 2014, if your employer doesn’t offer insurance, you will be able to buy it directly from the Health Insurance Marketplace.
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