Enrolled in a 2016 plan? Report household or income changes ASAP.
If you enrolled in or renewed a plan for 2016 and your income or household change, you should update your application as soon as possible.
When you update your information, the amount of premium tax credit you can take in advance may change. Your savings on out-of-pocket costs and coverage options could change too.
Need to cancel your Marketplace plan? See how.
Learn more from the IRS about how household and income changes can affect your premium tax credit.
With some life changes – like starting Medicare coverage or getting a job-based plan – you may need to cancel your Marketplace health plan. You may want to cancel your plan for other reasons.
Take action to report changes
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