Refundable Tax Credits for Health Insurance

Health Insurance Tax Credits: Potential for Expanding Coverage

Tax credits are being touted as possible mechanisms for expanding health insurance coverage in the United States. Analysts,1 members of Congress, and the Bush administration have all developed tax credit proposals in the past few years. However, although tax credit approaches are clearly appealing in certain respects, they are probably not the most effective tools for expanding health insurance...

Tax credits for health insurance and medical savings accounts.

Health insurance tax credits and health insurance coverage of low - earning single mothers

The Omnibus Budget Reconciliation Act of 1990 introduced a refundable tax credit for low-income working families who purchased health insurance coverage for their children. This health insurance tax credit (HITC) existed during tax years 1991, 1992, and 1993, and was then rescinded. We use Current Population Survey data and a difference-in-differences approach to estimate the HITC’s effect on p...

Non-refundable tax credits are an inequitable policy instrument for promoting physical activity among Canadian children.

A clear income gradient exists for the sport and physical activity (PA) participation of Canadian children. Governments in Canada recently introduced tax credits to alleviate the financial burden associated with registering a child in organized physical activity (including sport). The majority of these credits, including the Children's Fitness Tax Credit, are non-refundable (i.e., reduces the a...

Cutting Taxes for Insuring: Options and Effects of Tax Credits for Health Insurance