9e942839_ions___Medica_Reform_Resources__nce_Premium_Tax_Credits__APTC_
[0] How much is it? [Cost-Sharing Reductions (CSR)] The cost-sharing reduction amount will vary based on the person’s income. The lower a person’s income, the more he or she will benefit from cost-sharing reductions.
The subsidy amount will vary based on the person’s income. Each person applying for the APTC will be required to pay between 2 and 9.5 percent of their family income in premiums. The APTC makes up the difference between the amount the person is required to pay and the monthly premium of the benchmark plan, which is the second-lowest-cost silver plan available on the person’s state health insurance marketplace.
Comparing Premium Tax Credits to Cost-Sharing Reductions | Medica Reform Resources
Advance Premium Tax Credits (APTC)