An assessment of the individual health insurance tax credit approach to reducing the number of uninsured

An assessment of the individual health insurance tax credit approach to reducing the number of uninsured PDF Author: Jennifer A. Eldridge
Publisher:
ISBN:
Category :
Languages : en
Pages : 252

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An assessment of the individual health insurance tax credit approach to reducing the number of uninsured

An assessment of the individual health insurance tax credit approach to reducing the number of uninsured PDF Author: Jennifer A. Eldridge
Publisher:
ISBN:
Category :
Languages : en
Pages : 252

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Book Description


Health Care Tax Credits to Decrease the Number of Uninsured

Health Care Tax Credits to Decrease the Number of Uninsured PDF Author: United States. Congress. House. Committee on Ways and Means
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 148

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Are Tax Credits Alone the Solution to Affordable Health Insurance?

Are Tax Credits Alone the Solution to Affordable Health Insurance? PDF Author: Jon R. Gabel
Publisher:
ISBN:
Category : Group insurance
Languages : en
Pages : 40

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Cutting Taxes for Insuring

Cutting Taxes for Insuring PDF Author: Mark V. Pauly
Publisher: American Enterprise Institute
ISBN: 9780844771601
Category : Business & Economics
Languages : en
Pages : 60

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Book Description
This work explores the likely impact of specific tax credit options on the uninsured. It analyzes the effects of a variety of forms of tax credits, especially for workers whose incomes place them above the poverty line but below the median family income.

Responsible Tax Credits for Health Insurance

Responsible Tax Credits for Health Insurance PDF Author: Mark V. Pauly
Publisher: American Enterprise Institute
ISBN: 9780844771618
Category : Business & Economics
Languages : en
Pages : 68

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Book Description
The 1990s saw no progress in the financing of health care. About 40 million Americans still have no health insurance - including 22 per cent of America's children. This text suggests a tax credit/voucher system with as much simplicity and flexibility as possible to combat the problem

Tax Credits, the Distribution of Subsidized Health Insurance Premiums, and the Uninsured

Tax Credits, the Distribution of Subsidized Health Insurance Premiums, and the Uninsured PDF Author: Mark V. Pauly
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 44

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Book Description
This paper investigates the impact of a $1000 refundable tax credit for self-only coverage on net premiums and insurance purchases for a representative sample of potential buyers in the individual insurance market. Two methods are used to estimate the distribution of premiums: predicted premiums based on a sample of actual purchasers, and premium quotations drawn from an e-insurance web site. In most of the simulations, the net premiums for half or more of the prospective buyers are reduced to zero or low levels. The number of uninsured is reduced by between 21 percent and 85 percent depending on the size of the deductible in the benchmark plan. However, the results are sensitive to assumptions about insurer underwriting practices.

Health Insurance Affordability and the Role of Premium Tax Credits

Health Insurance Affordability and the Role of Premium Tax Credits PDF Author: Brittany Rodriquez
Publisher:
ISBN: 9781634829328
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 92

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Book Description
The number of uninsured individuals and the rising cost of health insurance have been long-standing issues. The Patient Protection and Affordable Care Act (PPACA) mandated that most individuals have health insurance that provides minimum essential coverage or pay a tax penalty. To make health insurance more affordable and expand access, PPACA created the advance premium tax credit (APTC) to subsidize the cost of exchange plans' premiums for those eligible. This book examines what is known about the effects of the APTC and the extent to which affordable health benefits plans are available and individuals are able to maintain minimum essential coverage. Furthermore, new federal tax credits, authorized under the PPCA, first became available in 2014 to help certain individuals pay for health insurance. The tax credits apply toward premiums for private health plans offered through exchanges (also referred to as health insurance marketplaces). This book provides examples of hypothetical individuals and families that qualify for the premium credits and describes the eligibility criteria applicable to the premium tax credits and cost-sharing subsidies, and the calculation method for the credit and subsidy amounts. It also highlights selected issues addressed in the final regulation and guidance on premium credits and indicates the status of implementation, where relevant data is available.

Federal Tax Policy

Federal Tax Policy PDF Author: Victoria C. Craig
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 24

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Tax Subsidies for Health Insurance

Tax Subsidies for Health Insurance PDF Author: Jonathan Gruber
Publisher:
ISBN:
Category : Health insurance
Languages : en
Pages : 80

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Book Description
The continued rise in the number of non-elderly Americans without health insurance has led to considerable interest in tax-based policies to raise the level of insurance coverage. This paper describes a detailed microsimulation model that has been developed to evaluate such tax-based polices, and its findings for the impact of polices on government costs and insurance coverage. I find that while tax subsidies could significantly increase insurance coverage, even very generous tax policies could not cover more than a sizable minority of the uninsured population. But there are several design features which can clearly make tax policy more effective: using tax credits rather than deductions; making credits refundable; and addressing the timing mismatch between when insurance purchases are made and tax refunds are received. I also document a clear tradeoff between the scope of tax subsidies and their efficiency.

Refundable Tax Credits for Health Insurance

Refundable Tax Credits for Health Insurance PDF Author: David W. Emmons
Publisher:
ISBN:
Category : Health insurance
Languages : en
Pages : 40

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