Premium Tax Credit (PTC)

GPTKB entity

Statements (60)
Predicate Object
gptkbp:instance_of gptkb:tax_policy
gptkbp:administered_by gptkb:Internal_Revenue_Service
gptkbp:aims_to_improve the number of uninsured Americans
gptkbp:applies_to gptkb:Affordable_Care_Act
gptkbp:available_at gptkb:Health_Insurance
gptkbp:benefits low-income individuals
supports healthcare access for all.
gptkbp:can_be_adjusted_based_on changes in income
gptkbp:can_be_received_in_advance to lower monthly payments
gptkbp:can_be_used_for qualified health plans
gptkbp:determines federal poverty level
gptkbp:encourages health insurance enrollment
gptkbp:facilitates working families
reduce financial burden of healthcare
low to moderate-income individuals
gptkbp:founded_in gptkb:Health_Care_and_Education_Reconciliation_Act_of_2010
https://www.w3.org/2000/01/rdf-schema#label Premium Tax Credit (PTC)
gptkbp:investment healthcare affordability
gptkbp:is_a_financial_incentive_for health insurance participation
gptkbp:is_a_form_of subsidy
gptkbp:is_a_key_component_of gptkb:Health_Insurance
gptkbp:is_a_subsidy_that lowers out-of-pocket costs
gptkbp:is_affected_by state Medicaid expansion decisions
gptkbp:is_aimed_at improving public health outcomes
gptkbp:is_available_for coverage purchased through the Marketplace
individuals purchasing insurance on their own
gptkbp:is_available_in individuals and families
high-income earners
gptkbp:is_available_to_those_who do not qualify for Medicaid
gptkbp:is_based_on household size
gptkbp:is_claimed_on tax returns
gptkbp:is_designed_to increase health insurance coverage
gptkbp:is_designed_to_offset healthcare costs
gptkbp:is_evaluated_annually for eligibility
gptkbp:is_evaluated_by income
a sliding scale
marketplace enrollment data
modified adjusted gross income
the second-lowest cost silver plan
gptkbp:is_influenced_by federal guidelines
gptkbp:is_linked_to healthcare affordability
gptkbp:is_part_of gptkb:healthcare_reform
federal tax system
U. S. healthcare system
U. S. tax code
American Rescue Plan Act provisions
gptkbp:is_subject_to annual income verification
reconciliation at tax filing
gptkbp:is_subject_to_limits_based_on income and family size
gptkbp:mechanism_of_action healthcare reform implementation
gptkbp:part_of reduce healthcare disparities
gptkbp:provides gptkb:financial_assistance
gptkbp:reduces uninsured rates
monthly health insurance premiums
gptkbp:reported_by Form 8962
gptkbp:supports gptkb:healthcare_access
gptkbp:was_a_response_to rising healthcare costs
gptkbp:was_a_result_of legislative changes in healthcare policy
gptkbp:bfsParent gptkb:IRS
gptkbp:bfsLayer 5