Is There A Tax Credit For Having Health Insurance? 
If you earn less than 400 % of the Federal Poverty Level , you do not have access `` affordable '' group coverage , and you purchase health insurance through a state or federal exchange , then you are eligible to receive a tax credit for having health insurance . This credit can be taken in advance -LRB- lowering your monthly premium payment -RRB- or after the fact -LRB- as part of your tax return -RRB- . 