Premium Tax Credits (Subsidies) and the Marketplace

Posted on: August 25th, 2015

This an important reminder for all of our clients who are receiving a subsidy for your health insurance.

One of the requirements of a Federal Subsidy is that you agreed on your application to notify the Federal Marketplace if anything changed during the year after you enrolled. You must report these changes so the Federal Marketplace can adjust your subsidy. Without making these changes you may be required to pay back some or all of your Federal Subsidy. Reporting a life change can be done by calling the Marketplace directly at 800-318-2596.