# What This Bill Does

This bill makes a change to how the government calculates tax credits that help people afford health insurance through the Affordable Care Act (often called Obamacare). Right now, when the government figures out how much of a tax credit you get to help pay your insurance premiums, it doesn't account for Medicare premiums that you or your family members pay. This bill says that starting in 2025, those Medicare premiums should be counted as part of your household expenses, which could increase the tax credit you receive.

# Who This Affects

This mainly affects people who are eligible for health insurance tax credits through the ACA marketplace and who also have household members on Medicare. This could include families where some members are on Medicare (typically people 65 and older) while others are younger and buying insurance through the ACA marketplace. It could also apply to people who are themselves on Medicare but still buying supplemental or other health coverage through the marketplace.

# How It Works in Practice

Here's a concrete example: imagine a 62-year-old and their 35-year-old child live together and share household expenses. The younger person buys health insurance through the ACA marketplace and gets a tax credit to help pay for it. Currently, the older person's Medicare premiums don't factor into the calculation of that tax credit. Under this bill, those Medicare premiums would be counted as household expenses, potentially qualifying the younger person for a larger tax credit. The bill lets people choose whether to use this option—it's not automatic, so you'd have to elect to include Medicare premiums when you apply for your tax credit.

To amend the Internal Revenue Code of 1986 to take certain Medicare premiums of household members into account in determining the health care insurance premiums tax credit.