November 12, 2014
Step 2 to stay covered through the Marketplace: Update your household and income information
A lot can change in a year. If you already have health coverage through the Health Insurance Marketplace, it’s important to update your 2015 application after November 15 with any changes in your income, household, or personal information.
By updating your information, you’ll be sure to see all the 2015 plan choices you’re eligible for and get the right amount of savings. If you don’t update your income information, you could miss out on additional savings to lower your monthly premiums.
Here are some things to consider as you update your information after November 15:
- Even a small change can affect the coverage you’re eligible for, and your premium tax credits and cost-sharing reductions. Make sure all of your information is up-to-date.
- When you submit your 2015 application any time after November 15, check your eligibility results carefully. Even if none of your information changed, you might get different cost savings because of changes in the Marketplace.
Once you’ve updated your application, you’re on your way to staying covered for 2015. Come back starting November 15 and complete the rest of the 5 Steps to staying covered!
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