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Half of households (50%) that received a 2014 tax subsidy to buy health coverage under the Patient Protection and Affordable Care Act (PPACA) are estimated to owe repayment to the federal government. Conversely, 45% of households are expected to get a refund.

In total, 3% to 5% of all U.S. households that filed taxes for 2014 are expected to have some adjustment to the PPACA tax credits for 2014, representing 4.5 to 7.5 million households. The average repayment is estimated at $794 and the average refund is estimated at $773, however, the amount of repayment will vary . . .

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Weekly News Wire | May 31, 2015

Half Of Households With Health Insurance Subsidy Owe Repayment, 45% Will Get Refund

Half of households (50%) that received a 2014 tax subsidy to buy health coverage under the Patient Protection and Affordable Care Act (PPACA) are estimated to owe repayment to the federal government. Conversely, 45% of households are expected to get a refund.

In total, 3% to 5% of all U.S. households that filed taxes for 2014 are expected to have some adjustment to the PPACA tax credits for 2014, representing 4.5 to 7.5 million households. The average repayment is estimated at $794 and the average refund is estimated at $773, however, the amount of repayment will vary . . .

Want To Read More? Log In Or Become A Paid Member
Resource Available For Paid OPEN MINDS Circle Members Only
Not a paid member? Don't miss out! Sign up today and receive unlimited organizational access to all OPEN MINDS strategic advice, market intelligence, and management best practices – over 250,000 resources!
Log In
If you are already a paid member, log in to your account to access this resource and more. If you are a free member, you will need to upgrade to a paid membership before accessing this resource.

Become A Paid Member
If you are not yet a paid member, learn more about the OPEN MINDS Circle Market Intelligence Service Membership on our website, reach out to our team at info@openminds.com, or call us at 877-350-6463.

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