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November 15, 2022
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Open Enrollment Obamacare

Health Insurance Marketplace

The ACA also created state Health Insurance Marketplaces for taxpayers who do not have health insurance. The purpose of the marketplaces was to offer affordable insurance and allow lower-income taxpayers to estimate how much Premium Tax Credit the taxpayer will qualify for when they file their tax return and use that credit to offset their health insurance’s out-of-pocket cost.

Categories: Blog

Tags: affordable care act, free medical insurance, health insurance, Obamacare, open enrollment

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