The Health Care Affordability Act of 2024 aims to amend the Internal Revenue Code to broaden the eligibility for a refundable credit for health insurance coverage. Specifically, it removes the upper limit on household income for eligibility and adjusts the applicable...
Simple Explanation
The Health Care Affordability Act of 2024 wants to make it easier for more people to get money back when they pay for health insurance by removing the rule that only people who earn a certain amount can get help, starting in 2026. This means people with higher incomes could also get some money back to help pay for their health insurance.