The Affordable Care Act provides that individuals and families may take a tax credit called the?______ to help them purchase health insurance through a health insurance exchange.

Question

Quizplus · Accepted Answer

The correct tax credit provided by the Affordable Care Act to help individuals and families purchase health insurance is the Health Insurance Premium Tax Credit. This tax credit is based on the individual or family's income and helps to reduce the monthly premiums for health insurance purchased through a health insurance exchange. A, B, and D are incorrect options as they do not pertain to the tax credit provided for health insurance under the Affordable Care Act.

The Affordable Care Act Provides That Individuals and Families May