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 Aged Income Middle Aged Poverty Humans 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