Wells Fargo Benefits. 1  Health Insurance. Health Insurance (647 comments) âThe best thing about the health coverage was that it was consistent and started on the first day you started workingâ. 2  401K Plan. 401K Plan (556 comments) âyou are able to get loans from 401k at 6% interestâ. 3  Vacation & Paid Time Off.
The premium tax credit is a government subsidy to help make health insurance premiums more affordable for middle and low-income people. The subsidy is only available to people with modified adjusted gross incomes from 100 to 400 percent of federal poverty level.
Opinions about the program tend to be extreme -- depending on whom you ask, the ACA is either a total fiasco or the best thing that's happened since sliced bread. But we're not here for that debate. This article will give you the facts on one crucial aspect of the act: the premium tax credit. This tax credit is the primary method by which the federal government is trying to make health plans offered in federal and state marketplaces more affordable.