Reporting changes that affect health insurance

The federal government says:
“Once you have Marketplace coverage, you must report certain life changes. This information may change the coverage or savings you’re eligible for.”

Millions of people say:
“Dear Healthcare.gov: I am one of the 75% of individuals who bought coverage on the exchange paid for with tax credits. I understand that I am reqquired to report life changes that may affect my health insurance. It seems that the news has been busy reporting changes in your status as well. Due to these recent legal developments I’ve lost confidence in your ability to continue to pay my insurance premiums. I need to go back to the “old way” of buying lower priced coverage – regardless of whether it meets ACA minimum coverage standards – that I can actually afford.” So when you cut my subsidy, please consider that I will drop your insurance at that time.”


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *