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1- Which of the following individuals is eligible to claim a Premium Tax Credit

ID: 2497135 • Letter: 1

Question

1- Which of the following individuals is eligible to claim a Premium Tax Credit for 2014, assuming their household income is 100% or more of the federal poverty line (FPL), but not more than 400% of the FPL.?

a. Ann, single, who obtained health coverage from her employer.

b. Bob, single, who was on Medicare for all of 2014.

c. Cassie, single, who obtained insurance from the Marketplace. She was eligible for health coverage from her employer at a cost equal to about 5% of her household income. Cassie declined coverage from her employer.

d. Doug, single, who obtained insurance from the Marketplace. He was eligible for health coverage from his employer at a cost that exceeded 9.5% of his household income. Doug declined coverage from her employer.

e. Erin, her husband and 3-year old daughter. Erin’s employer offered her self-only health coverage for 2014 with a cost to her equal to 5% of her household income. The coverage offered for the entire family was at a cost greater than 9.5% of household income.

Explanation / Answer

D. Doug, single, who obtained insurance from the Marketplace. He was eligible for health coverage from his employer at a cost that exceeded 9.5% of his household income. Doug declined coverage from her employer.

You are eligible for the premium tax credit if you meet all of the following requirements: