If you earn between $16,106 and $46,000 per year for a single person or $32,913 and $95,400 for a family of four and do not have affordable employer-sponsored coverage, you could receive an "advance premium tax credit" to help with the cost of insurance purchased through your state's exchange, or marketplace. A premium discount is deducted from your federal income tax, and you decide how much to put toward your insurance payment each month.

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