Which of the following groups became eligible for tax credits under the ACA?

The correct answer identifies individuals with an income between 100% and 400% of the federal poverty line as eligible for tax credits under the Affordable Care Act (ACA). This provision was implemented to assist those who may not qualify for Medicaid but still find it challenging to afford health insurance premiums. The tax credits effectively lower the cost of premiums for health plans purchased through the Health Insurance Marketplace, making healthcare more accessible to a broader range of individuals.

The ACA specifically targeted this income bracket in order to reduce the number of uninsured people and to provide financial relief to those who earn just above the threshold for Medicaid eligibility. This was a crucial step in expanding coverage while ensuring that lower-income individuals have access to necessary healthcare services.

In contrast, individuals earning below 200% of the poverty line do have access to certain assistance programs, but the key tax credits are specifically for those whose income falls within the 100% to 400% range. Those below this range may qualify for other types of support, such as Medicaid or other state-specific programs, but not the specific tax credits referenced.

The option stating that all individuals regardless of income are eligible is misleading, as there are defined income thresholds established by the ACA that dictate eligibility for tax credits. Similarly, individuals