A friend is asking this on FB, and none of us know the answer. I thought I would bring it to the wise ladies here.
The healthcare subsidy is a tax credit, correct? That means that you have to pay the full premium that is listed, and you will get the subsidy amount at the end of the year when you file your taxes, right? Or is that wrong? Does anyone know? My friend is saying that her monthly silver plan premium would be just over $1000 a month, but her subsidy would be about $700 a month, leaving her bottom line monthly obligation at just under $300 a month. So, does she pay the $300 or the $1000 every month?