Question: Will the premium assistance lower my monthly cost or simply give me a tax credit at the end of the year?
Answer: Most people who receive premium assistance take it each month to reduce the net premium they have to pay. But that's not the only way to do it. You can also take a lesser amount monthly or none at all. In the later case, you will receive the remainder of the premium assistance you are due when you file your tax return for that tax year.