Adequate premium tax credits are vital to maintain access to affordable health coverage for older adults

Adequate premium tax credits are vital to maintain access to affordable health coverage for older adults

Collection:
Health Policy and Services Research
Series Title(s):
Insight on the issues (AARP Public Policy Institute)
Author(s):
Sung, Jane, author
Walker, Lina, author
Dean, Olivia, author
Contributor(s):
AARP (Organization), issuing body.
Public Policy Institute (AARP (Organization)), issuing body.
Publication:
Washington, DC. : AARP Public Policy Institute, March 2017
Language(s):
English
Format:
Text
Subject(s):
Cost Sharing -- economics
Cost Sharing -- statistics & numerical data
Health Care Reform -- economics
Health Care Reform -- statistics & numerical data
Health Insurance Exchanges -- economics
Health Insurance Exchanges -- statistics & numerical data
Income Tax
Insurance Coverage -- economics
Insurance Coverage -- statistics & numerical data
Insurance, Health -- economics
Insurance, Health -- statistics & numerical data
United States
United States.
Genre(s):
Technical Report
Abstract:
Over 3 million older adults ages 50-64 currently rely on tax credits under the Affordable Care Act (ACA) to purchase health insurance coverage in the nongroup (individual) health insurance market. These tax credits provide critical financial assistance for older adults with low- to moderate- incomes who do not have access to affordable health insurance through an employer or a public program. Replacing current-law tax credits with proposed "flat" tax credits adjusted for age would substantially reduce their value for lower-income older adults by as much as $5,900 for an individual and would put health insurance and care out of reach for many.
Copyright:
Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY-NC-ND license. (More information)
Extent:
1 online resource (1 PDF file (9 pages)).
NLM Unique ID:
101703955 (See catalog record)
Permanent Link:
http://resource.nlm.nih.gov/101703955