The financial help you can get to lower your monthly payment is called Advance Premium Tax Credit (APTC)

You can use the tax credit in two different ways:

You are not eligible for a tax credit if you are eligible for Medicaid or have access to affordable coverage through your job.

You must file taxes to get the tax credit, even if you would not usually file. You can file taxes this year, even if you didn’t file taxes last year.

If the household or income information in your Maryland Health Connection application isn’t correct, and you receive more tax credit than you’re due, you will have to pay that money back to the IRS when you file your taxes. This is called reconciling the advance payments of the premium tax credit based on your actual yearly income.