Pennsylvanians Eligible for Health Insurance Tax Credits
A new report from Families USA, a nonprofit group that advocates on behalf of health care consumers, says that 896,000 Pennsylvanians will be eligible for new health insurance premium tax credits in 2014.
These tax credits will pay for health coverage under the terms of the Affordable Care Act. Families will no longer have to pay for more than a set percentage of their income for health coverage.
“The lower your income, the higher your tax credit subsidy,” said Ron Pollack, Director of Families USA, “so it's tailored to help the people who need it the most.”
Pollack says he estimates more than 79,000 people in Allegheny County will be eligible for the tax credit subsidy.
People with income between $47,100 and $94,200 for a family of four will make up 57 percent of the Pennsylvanians eligible for the tax credits.