News Headlines Article

Feds issue final rule on consumer tax credit
Modern Healthcare

The federal government has released a final rule cementing many of the details of the health insurance premium tax credit. Mandated by the healthcare reform law, the credit applies to individuals and families who are enrolled in insurance exchanges and whose income is between 100% and 400% of the federal poverty level.

The Treasury Department, which published the rule May 18 (PDF), estimates the tax credit will help provide coverage for nearly 20 million middle-income Americans.