Skip to main content

Search Results: keywords:"income tier percentage adjustments"

  • The Health Care Affordability Act of 2024 aims to expand eligibility for a tax credit under the Internal Revenue Code for those purchasing health insurance through qualified health plans. It removes the upper limit of 400% of the poverty line for eligibility, allowing...

    Simple Explanation

    The Health Care Affordability Act of 2024 wants to help more people pay for health insurance by letting even those who make more money get a special kind of tax help. Starting in 2026, people will pay different amounts depending on how much money they make, so that everyone can afford to be healthy.