Family, Income, and Residence Changes Can Affect Your Premium Tax Credit
Article Highlights: Advance premium tax credit (APTC) Repayment avoidance Things you should report Special enrollment period f you get health insurance coverage through a government Health Insurance Marketplace, it is very important that you keep the Marketplace aware of any changes in household income, marital status, and family size. If you are receiving advance payments of the premium tax credit, it is particularly important that you report changes in circumstances, including moving, to the Marketplace. There’s a simple reason: reporting these income and life changes lets the Marketplace update the information used to determine your eligibility for a Marketplace plan, which may affect the appropriate amount of advance payments of