Which statement about QHPs is NOT true?

Which statement about QHPs is NOT true?

• A. QHPs are offered through the Marketplace and provide essential health benefits
• B. QHPs are eligible to receive premium tax credits
• C. QHPs may be canceled for nonpayment
• D. QHPs are not eligible for premium tax credits

Answer: (D)

Premium tax credits are what make Marketplace plans affordable for many shoppers. QHPs, which are the plans offered through the Marketplace, are eligible to receive premium tax credits if you meet the income and other requirements. These credits can lower your monthly premium (and can be paid in advance to reduce payments each month or claimed when you file taxes). So saying that QHPs are not eligible for premium tax credits is not true. The other statements reflect real features: QHPs are offered through the Marketplace and provide essential health benefits, and they may be canceled for nonpayment if premiums aren’t paid.

Premium tax credits are what make Marketplace plans affordable for many shoppers. QHPs, which are the plans offered through the Marketplace, are eligible to receive premium tax credits if you meet the income and other requirements. These credits can lower your monthly premium (and can be paid in advance to reduce payments each month or claimed when you file taxes). So saying that QHPs are not eligible for premium tax credits is not true. The other statements reflect real features: QHPs are offered through the Marketplace and provide essential health benefits, and they may be canceled for nonpayment if premiums aren’t paid.