A new report says 163,330 Idahoans may be eligible for a health-insurance premium tax credit starting in January.
The 2010 federal health care law created a tax credit for some people whose incomes are within 400 percent of the federal poverty line. People who can't buy affordably priced health insurance through work would be among those qualifying for the credits. The income cutoff will be about $46,000 for a single person, higher for families. The tax credits will vary based on income and will apply to plans purchased through health exchanges.
Just over half of the Idahoans receiving tax credits will fall within the 200 percent to 400 percent poverty level, according to the report, or $47,100 to $94,200 for a family of four. The report, by nonprofit consumer advocacy group Families USA, uses estimates from health-care research and consulting company The Lewin Group.
The report says most of the people qualifying for the premium subsidies will be in working families, white or non-Hispanic, and a large share will be ages 18 through 34.
The breakdown of income-eligible residents by region, according to Families USA's report:
- Ada County: About 33,240
- Canyon County: About 21,570
- Adams, Boise, Elmore, Gem, Owyhee, Payette, Valley, Washington counties: About 11,650
The full report includes breakdowns by family income and race/ethnicity. It also includes the number of income-eligible people in other regions in the state.