Health Affairs October 12, 2022
On October 11, 2022, the Internal Revenue Service (IRS) and the Department of the Treasury issued a final rule to revise a 2013 interpretation on premium tax credit eligibility for families. This change fixes the so-called “family glitch” by newly extending eligibility for marketplace subsidies to many dependents of low-wage workers who were previously ineligible. The final rule was accompanied by statements from President Biden and Secretary Becerra of the Department of Health and Human Services (HHS).
The final rule means that family members who are offered unaffordable job-based family coverage will be newly eligible for subsidized marketplace coverage. Though not all of the newly eligible are expected to do so, the final rule ensures that eligible family members—primarily children...
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