Our finances changed but Affordable Care Act premium hasn't

Post date: 2020-03-25 13:40:16
Views: 251
My spouse has been out of work since last fall. We renewed our ACA plan for Jan 1 which is based on our 2019 earnings. Is it possible to change our rate (get a reduced rate, not change our plan) mid year based on our lower 2020 earnings so far, or is the only change possible for the 2021 rate based on our 2020 earnings? If we can't change now is it possible we get some of the premium back in our tax return next year?
Number of Comments
Please click Here to read the full story.
 
Other Top and Latest Questions:
The top 10 jobs in the U.S. for 2026 all pay $100,000 or more, according to Indeed
Buy this social media stock with lots of upside thanks to AI, says Evercore ISI
Novo Nordisk CEO explains why new GLP-1 pill expands access to the weight loss drugs
Trump’s tariff gambit over Iran risks derailing U.S.–China trade deal
Trump targets credit card rates. What’s at stake for Capital One and other banks
SK Hynix to invest $13 billion in new plant amid memory chip shortage
Bank of America boosts Micron price target, sees upside driven by tight memory supply
JPMorgan Chase tops estimates as trading revenue exceeds expectations
Elizabeth Warren fears workers will 'lose big' with 401(k) crypto, presses SEC chair Atkins for answers
Stocks making the biggest moves premarket: L3Harris, JPMorgan, Delta, Intel, AMD and more