Certified Application Counselor Practice Test

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What is the minimum household income required for APTC eligibility?

Below 100 percent of the FPL
Between 100 and 200 percent of the FPL
Between 100 and 400 percent of the FPL
Above 400 percent of the FPL

The correct answer is: Between 100 and 400 percent of the FPL

The minimum household income required for Advance Premium Tax Credits (APTC) eligibility is specifically determined to be between 100 and 400 percent of the Federal Poverty Level (FPL). This range is crucial because it encompasses the group of individuals and families who may struggle to afford health insurance without assistance. Those with household incomes under 100 percent of the FPL are not eligible for APTC, as they may qualify for Medicaid instead, depending on their state of residence. On the other hand, incomes exceeding 400 percent of the FPL do not qualify for APTC. The purpose of the APTC is to lower the premium cost of health insurance for those who earn between these two specified thresholds. Thus, the stated range ensures that APTC is available to help make healthcare coverage more affordable for middle-income families.