DWQA QuestionsCategory: PremiumsCan I use the premium tax credit to reduce the cost of a TN health insurance marketplace plan?
HealthTNHealthTN Staff asked 5 years ago

Can I use the premium tax credit to reduce the cost of a Bronze, Silver, Gold, or Platinum Marketplace health plan?

1 Answers
HealthTNHealthTN Staff answered 5 years ago

You can apply the premium tax credit to any Bronze, Silver, Gold, or Platinum plan offered through the Marketplace. Premium tax credits cannot be applied to Catastrophic plans or to stand-alone dental plans. If you are also eligible for cost sharing reductions, be aware that these can only be obtained through Silver plans offered in the Marketplace.

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