NAVIGATING CALIFORNIA'S SETC TAX CREDIT FOR HEALTH INSURANCE (2020-2021)

California health insurance companies have been affected by the implementation of the State Exchange Tax Credit (SETC) program for policyholders in 2020 and 2021. This tax credit program was designed to expand health insurance coverage throughout the state by lowering the cost of premiums for approved individuals. Grasping the complexities of the