Certified Application Counselor (CAC) Certification Exam

Under the ACA, what is the primary purpose of the Advanced Premium Tax Credit (APTC)?

To cover all out-of-pocket costs like deductibles and copayments. To reimburse individuals for medical services already received. To lower the monthly health insurance premium for eligible individuals and families. To provide a tax deduction for those who purchase off-Marketplace plans.

Correct Answer:

To lower the monthly health insurance premium for eligible individuals and families.

Access more questions from this quiz

Continue to Certified Application Counselor (CAC) Certification Exam for more practice questions and the full quiz experience.

Access More Questions