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Premium Assistance Credit – The Health Insurance Subsidy for Lower Income Individuals and Families

October 2, 2013 by Roy Vargis CPA, CMA, CFM, CITA, EA, ACMA, CGMA

Beginning in 2014, as part of the Patient Protection and Affordable Health Care Acts, all U.S. persons, with certain exceptions, must have minimal essential health care coverage or face a tax penalty. Recognizing this requirement could present a serious financial problem for lower-income individuals and families who do not have employer-provided coverage or other forms of … [Read more...] about Premium Assistance Credit – The Health Insurance Subsidy for Lower Income Individuals and Families

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