- Associated Press - Tuesday, October 4, 2016

PROVIDENCE, R.I. (AP) - Federal officials say approximately 4,000 Rhode Island residents are eligible for tax credits if they purchased insurance through the state’s health care exchange.

The Providence Journal reports (https://bit.ly/2dtbVnh ) the U.S. Department of Health and Human Services announced Tuesday that only residents who bought their 2017 plans on the HealthSourceRI website are qualified.

Health officials say the tax credits were designed to make coverage more affordable and protect consumers from the impact of rate increases.

Residents who earn 100 to 400 percent of the federal poverty level may be in line for the credits. Consumers who receive Medicaid or Medicare are not.

A single person living in Rhode Island with an annual salary of less than $47,000 would qualify for a premium tax credit.

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Information from: The Providence Journal, https://www.providencejournal.com

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