Under the Affordable Care Act, if your eligibility for cost-sharing subsidies changes — if you earn money from a seasonal job, for example — you have 60 days to switch from one marketplace plan to another.
A similar though broader rule applies to eligibility for premium tax credits, enabling people to switch plans or enroll for the first time if they aren’t already on the exchange.
It’s important to keep track of your income and how it tracks with requirements for cost-sharing subsidies.
Kaiser Health News (click here) has answers to many questions about the complexities of the Affordable Care Act. Please feel free to call us, too.
