What tax changes did the Affordable Care Act make? Q.What tax changes did the Affordable Care Act make? A.The Affordable Care Act made several changes to the tax code intended to increase health insurance coverage, reduce health care costs, and finance health care reform. Read more about What tax changes did the Affordable Care Act make?
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?