Which agency implements enhanced premium tax credits for marketplace enrollees?

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The Centers for Medicare and Medicaid Services implements enhanced premium tax credits through the ACA marketplaces. CMS Administrator Chiquita Brooks-LaSure led technical implementation after Biden signed the law on August 16, 2022. CMS updated marketplace software to calculate subsidies using the new 8.5 percent cap and remove the 400 percent poverty level cutoff. The IRS handles tax credit reconciliation when people file returns, but CMS runs the day-to-day marketplace operations using HealthCare.gov.

Which agency implements enhanced premium tax credits for marketplace enrollees?

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