insurance subsidies
Coverage cost help
Insurance subsidies are government payments that reduce the cost of insurance premiums for individuals or families, typically those with lower incomes.
In the United States, the term usually refers to tax credits under the Affordable Care Act that help people afford health coverage purchased through marketplace exchanges: Without insurance subsidies, many families couldn't afford decent coverage.
The subsidies may be paid directly to insurers or claimed as tax refunds.
- premiumsPayments for insurance coverage
- coverageExtent of inclusion
- deductibleOut-of-pocket threshold amount
- marketplaceVenue for commerce
- health exchangePlatform for purchasing medical coverage
Obamacare · tax credits · advance payments · healthcare · enrollment · eligibility · income threshold · sliding scale · copay · government · assistance · affordable · out-of-pocket · cost reduction · benefits · rebates · income-based · vouchers