Who has health insurance coverage? Q.Who has health insurance coverage? A.Ninety percent of nonelderly individuals were covered in 2016, with rates rising sharply with income. The repeal of the individual mandate in 2019 is projected to reduce the percent covered by four percentage points. Read more about Who has health insurance coverage?
What are health reimbursement arrangements and how do they work? Q.What are health reimbursement arrangements and how do they work? A.HRAs are tax-advantaged employer-sponsored accounts used to reimburse employees for qualified medical expenses. HRAs are usually offered in conjunction with high-deductible health plans. Read more about What are health reimbursement arrangements and how do they work?
What are premium tax credits? Q.What are premium tax credits? A.The Affordable Care Act provides families with refundable, advanceable tax credits to purchase health insurance through exchanges. Premium credits cap contributions as a share of income for families with incomes between 100 and 400 percent of the federal poverty level. Read more about What are premium tax credits?
