APTC definition

APTC means advance payments of the premium tax credit, which means payment of the tax credits specified in section 36B of the Internal Revenue Code (as added by section 1401 of the Affordable Care Act) that are provided on an advance basis to an eligible individual enrolled in a QHP through an Exchange in accordance with sections 1402 and 1412 of the Affordable Care Act.

APTC or advance payment of the premium tax credit means payment of the tax credits specified in section 36B of the Internal Revenue Code of 1986 (as added by section 1401 of the ACA), which are provided on an advance basis to an eligible individual enrolled in a QHP through an Exchange in accordance with sections 1411 and 1412 of the ACA;

APTC means advance payments of the premium tax credit allowable in Section 36B of the Internal Revenue Code (as added by Section 1401 of the Affordable Care Act) which are provided on behalf of an eligible individual enrolled in a Qualified Health Plan through an Exchange in accordance with Section 1402 of the Affordable Care Act.

Examples of APTC in a sentence

• Sections 1401 and 1402 of the PPACA established the APTC and advance CSR programs to support the provision of affordable health care coverage to individuals.

• Additionally, section 1311 of the PPACA allowed the FFE to charge participating issuers user fees to support FFE operations.CMS has the responsibility to confirm successful implementation of, and adherence to, the PPACA provisions and implementing regulations governing the APTC, advance CSR, and FFE user fee programs.

• While such an open-ended approach grants decision- makers a high degree of discretion, it would also create flexibility to develop the scope and contents of the term.

• The length of the Grace Period depends on whether or not you are receiving Advanced Payments of the Premium Tax Credit (APTC) as determined by the Marketplace.If you DO receive APTC The Grace Period is three months, as long as you have paid at least one month’s Premium.

• As such, CMS established this audit program.Interim Payment ProcessFor the 2014 benefit year, CMS implemented a temporary process (“interim payment process”) to calculate and make monthly payments of APTC and advance CSR amounts and to calculate and collect monthly FFE user fee amounts based on data submitted by issuers at the QHP level.

More Definitions of APTC

APTC means payment of the tax credit specified in section 36B of the IRC of 1986 (as added by section 1401 of the PPACA) that is provided on an advance basis on behalf of an eligible individual enrolled in a QHP through an Exchange in accordance with sections 1402 and 1412 of the PPACA. APTC is not considered Federal Tax Information under 26 U.S.C. § 6103;

APTC. Has the meaning set forth in 45 CFR 155.20.

APTC means an Authorized Prometric Testing Center.

APTC means the Australia Post Terms and Conditions made under section 32 of the Act, as amended from time to time and found at http://auspost.com.au

APTC means Advanced Premium Tax Credit.

APTC or “advance payments of the premium tax credit” means payment of the premium tax credit specified in section 36B of the Internal Revenue Code (as added by §1401 of the ACA) which are provided on an advance basis on behalf of an eligible individual enrolled in a QHP through an Exchange in accordance with §1412 of the ACA. APTCs are not considered Federal Tax Information under 26 U.S.C. § 6103;

APTC has the meaning provided under 45 CFR § 155.20, and means payment of the tax credits specified in section 36B of the Internal Revenue Code (as added by section 1401 of the ACA), which are provided on an advance basis to an eligible individual enrolled in a QHP through an Exchange in accordance with section 1412 of the ACA. APTC are not considered Federal Tax Information under 26 U.S.C. § 6103;