MARKETPLACE UPDATE TO THE APPLICATION

After the 2025 Tax season, the Marketplace found thousands of people
that DID NOT qualify for the Health Coverage Assistance (Tax Credits) and
therefore had to pay back ALL or some of the assistance that they received
during 2025.

Why did this happen?

When you enrolled in the ACA Marketplace program (previously known as OBAMACARE), you filled out
an application with a lot of information. The most important were

1. Estimated annual income
2. Filing Status
3. Number of people in the tax return
4. Address
5. Employer offered insurance

This information determines:

a.  if you are qualified to receive financial assistance (tax credits), and how much.

b. What will be your monthly premium.

The Marketplace verifies if the information you gave on your application is correct,
by checking your Tax Return for the following information.

1. Reported Gross Income.
2. Filing Status
3. How many people in the tax return
3. Address

If the information DOES NOT match, then the IRS will determine how much you owe…but you
will owe – UNLESS we make an immediate update and if changes were made, then it will adjust your financial assistance and your monthly premium.

For this year (2026), it is my responsibility and duty as your Agent, to assist you so
this does not happen to you.

I will do and document my efforts on reaching out to you to get a statement stating that
we have reviewed your information on the application and either updated it or stated that
it is correct.

These are new changes acted by the New Administration and we must adhere to them.

After you read this, please send me a text with I understand.

The next step is to complete this process either by phone or text/email.