The “family glitch” made families ineligible for subsidies if employee-only coverage was affordable—even if family coverage wasn’t. A 2023 rule change fixed this by evaluating family affordability separately.
Premium Tax Credits
Premium Tax Credits are available in the individual health insurance market, offering financial assistance to individuals and families to help lower the cost of health insurance premiums. For small employers, it’s important to know that the group health plan they offer, if affordable, could block employees (and potentially their family members if the employer contributes to dependent premiums) from receiving a premium tax credit.