Frequently-asked questions by tag
Are smokers unable to afford insurance under the ACA?
February 26, 2024 – The surcharge is thought to impede access to health insurance for smokers in many states. But Medicaid and state-based regulations are…
If your income last year was higher than expected, do you have to pay back some of the advance premium tax credits that you received for Marketplace coverage?
February 9, 2024 – If you received advance payments of the premium tax credit for health insurance that you purchased last year on HealthCare.gov (or a…
Can I deduct my exchange premiums when I file taxes?
January 12, 2024 – If you’re self-employed, yes. If not, it will depend on how much you spend on medical expenses during the year.…
Who ISN’T eligible for Obamacare’s premium subsidies?
January 3, 2024 – If your income is just a little over the subsidy-eligibility threshold, you can talk with a tax advisor about strategies for lowering your…
I’m self-employed. Can we deduct my husband’s Medicare premiums?
January 17, 2023 – In 2012, the IRS ruled that Medicare insurance premiums can be counted. Under the ruling, Medicare premiums covering the self-employed…
If all Silver plans cover the same benefits and percentage of costs, why do premiums vary by carrier?
July 5, 2022 – It's important to understand that the benefits offered by plans at the same metal level can vary significantly from one plan to another.…