On May 10, 2016, the Centers for Medicare and Medicaid Services (CMS) released orientation market re-registration eligibility. The document describes the changes regarding Obamacare 2017 registration. While the general process is largely the same, it is important to learn about the new regulations
Obamacare Registration :. Key Pieces that remain
The main point here is that management retains an important element of the process of re-entry that says "an enrollee may take no action and maintain coverage of a benefit year." This policy aims to create a continuity of the coverage year to year and relieve the burden paperwork for Obamacare registered.
In addition, the CMS will continue to request data from the Internal Revenue Service (IRS) to determine eligibility for advanced credit premium tax (APTC) and cost sharing income-based reductions (CSR). The market insurers also continue to send registration notifications open to registered detailing the changes for the coming year.
Re-Registration Changes
should not The biggest change to affect a large group of people, but he intends to fill a gap that many insurers have complained. This will affect registrants who use APTC or based on the CSR income and meet the following criteria:
- have been automatically re-enrolled for the calendar year 2015;
- Could not apply updated during 2015 or 2016 Open Enrollment;
- Failure to submit an application update before December 15, 2016;
- did not file taxes in 2014 or 2015.
for those who meet these criteria, their market insurance will not be renewed on 1 January 2017 .
information expanded IRS
in addition to the actual information that the IRS sends to CMS, the IRS will provide details on people who do not file tax (or requested an extension), which has applied for an extension, and those who have successfully completed their taxes, but did not present form in 8962.
Although it is not quite clear what it means for those affected, it could mean that if people who have asked for an extension or forgotten on the 8962 form will be treated differently from those who have simply failed to file their taxes.
Conclusion
Although management provides an overview of changes in Obamacare enrollment, changes are small and should not affect a large group of people. Nevertheless, it is important that registrants understand the requirements so their insurance can be continued without fault. If these changes affect you, be sure to take action before December 15, 2016 deadline.
Have you a registration experience in the market? If so, leave your comments below!
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