About 957,000 Illinoisans will be eligible for premium tax credits in
2014 that will help them pay for health insurance coverage under the Affordable Care Act, a report released Thursday from Families USA shows.
More
than half of the nearly one million people who will qualify have annual
incomes between 200 percent and 400 percent of the federal poverty level (or $47,100 to $94,200
for a family of four), allowing the premium tax credits to reach deep
into the middle class, said Ron Pollack, executive director of Families USA.
“The
tax credit subsidies are a game changer,” Pollack said on a conference
call with reporters. “They will make health coverage
affordable for huge numbers of uninsured families who would have been
priced out of the health coverage and care they need.”
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