I've been concerned about this, and here it is.
This could happen, and believe many of my clients will be subjected to this:
1. Client stops paying premium, finally lapses after 90 days, but the MP kept sending tax credits to the carrier. Will these be refunded and reconciled by the carrier and MP?
2. Client changed plans in Feb 2015, but marketplace never sent cancellation notice to old carrier, and kept sending tax credits for 3 months or more. I'm being paid by some carriers STILL (Cigna, etc) on plans that were terminated via the marketplace.
3. Client had 14' plan, we used Sherpa
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This could happen, and believe many of my clients will be subjected to this:
1. Client stops paying premium, finally lapses after 90 days, but the MP kept sending tax credits to the carrier. Will these be refunded and reconciled by the carrier and MP?
2. Client changed plans in Feb 2015, but marketplace never sent cancellation notice to old carrier, and kept sending tax credits for 3 months or more. I'm being paid by some carriers STILL (Cigna, etc) on plans that were terminated via the marketplace.
3. Client had 14' plan, we used Sherpa
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