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Is there help for consumers who can't afford coverage? Who's eligible for tax credits?


The ACA created new premium tax credits and cost-sharing reductions to help cut costs for eligible consumers who buy a plan through the Health Insurance Marketplace. The amount of the tax credit or cost sharing reduction depends on family size and income. Larger families and families with lower incomes get the most help. Tax credits and cost-sharing reductions are not available for individuals who are eligible for Medicare, Medicaid, CHIP, or qualifying employer-sponsored coverage. More information about tax credits is available at HealthCare.gov.

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