Income Related Savings if eligible:
APTC (Advanced Premium Tax Credit) = monthly premium reduction and is based on an estimation of the premium tax credit the individual will be able to claim for the year of coverage. An individual may choose to apply some or all of the APTC for which he or she qualifies towards premium costs.
CSR (Cost-Sharing Reductions) = benefit level cost-share reductions.
- CSRs reduce out-of-pocket costs, such as deductibles, coinsurance, and copayments, but not balance billing, such as from an out-of-network provider or for non-covered services
Consumers in Multi-tax Households - the Marketplace enrollment application asks for each applicant's tax filing status and who will be on the applicant's federal income tax return as dependents for the applicable year.
There is no tax credit available if you are offered an HRA through your employer that is affordable.
Open Enrollment is here! Complete the “Contact Me” form, or call 713-442-7033, to be connected with a licensed professional.