These tax credits help lower income folks and families afford health insurance purchased through the marketplace by providing advanced tax credits to subsidize the out of pocket health care premiums. Because of these tax credits, folks save an average of $705 annually from healthcare costs last year. We have to remember that the enrollment period for folks to get insurance on the ACA marketplace is set to open November 1st. (25:39–25:47)
CLAIM
Asserts that tax credits saved people an average of $705 on healthcare costs last year.
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