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  • Advance Premium Tax Credit (APTC)

Advance Premium Tax Credit (APTC)

What is Advance Premium Tax Credit APTC?

Advance Premium Tax Credit (APTC) is a financial benefit that reduces your monthly health insurance payment when you buy coverage through the Health Insurance Marketplace®. It’s based on your estimated yearly income.

Key Points:

  • APTC lowers your monthly health insurance cost upfront.
  • You estimate your income to determine eligibility.
  • You may need to repay excess credits or receive a refund based on your final income at year-end.

“Glossary.” HealthCare.gov, www.healthcare.gov/glossary/.

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