Report: 715K Pennsylvanians could get health insurance tax credits
A new national report says 715,000 Pennsylvanians are eligible for tax credits under the new federal health care law to help subsidize coverage through the new health insurance marketplace.
The nonpartisan Kaiser Family Foundation calculated the figure for each state this week to show the potential help available to low- and moderate-income people.
To qualify for the tax credits, people must earn between 100 percent and 400 percent of the federal poverty level. That’s between $23,550 and $94,200 annually for a family of four. They must also not be eligible for affordable coverage from an employer or from Medicaid or Medicare.
Pennsylvania’s health insurance marketplace is being operated by the federal government because Gov. Tom Corbett declined the job.
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