By Rob South, WKAR
EAST LANSING, MI –
Michigan residents could save more than three-billion dollars a year through a private healthcare tax incentive scheduled to go into affect in 2014. The healthcare consumers group, Families USA, released a report today outlining how the tax cuts as part of the health reform law will benefit working class families.
Families U.S.A. spokeswoman Kathleen Stoll says the credits will be available to families making between about $30,000 and $88,000 a year.
"I think there was a decision to target the tax credit to the families with the greatest need to reach out to the middle class who still struggle to afford coverage," she says.
The report finds that about 870,000 people in Michigan will be eligible for the credits.