Health Insurance Costs
What is the health insurance premium tax credit?
The premium tax credit (PTC) is a refundable tax credit that helps eligible individuals and families pay for health insurance purchased through the ACA marketplace. The PTC is based on income and family size. In 2026, the PTC is available to households with income up to 400% of the federal poverty level (and above for some households).
Key Points
- Premium tax credit: helps pay for ACA marketplace health insurance
- Based on income and family size
- Available to households with income up to 400% FPL (and above for some)
- Can be taken in advance (reduces monthly premium) or as a tax credit
- An independent agent can help you estimate your premium tax credit