FORT LAUDERDALE, Fla., Sept. 25, 2013 (GLOBE NEWSWIRE) -- As individuals start shopping for their health insurance coverage via state and federal exchanges on October 1st, one of the Affordable Care Act's most controversial and confusing aspects will kick in: the subsidy. A subsidy is really a tax credit which is used to help pay for all or a portion of your health premiums. The following are three things to understand about qualifying for a tax credit.
Shopping for health insurance can be a confusing and daunting to begin with; now, throw in subsidies and income, things can get very intimidating. It doesn't have to be. Know your stuff. Do research, prepare yourself, and get the maximum tax credit you are eligible for. Speak to an insurance broker or agent for assistance and/or visit www.HealthInsuranceMedics.com. See if you qualify for a subsidy or tax credit by visiting www.InsuranceMedics.com/Calculator.
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Source: Insurance Medics