I don't do ppaca plans, just private exchange stuff. I had someone ask me about stating their income higher than they expect it to be, they really don't want to go on Medicaid. Is there such thing as a subsidy clawback but if they make less than their stated income?
Also, will they ask for any income documentation for this? He has a SEP. What will happen later in the year for taxes if his income turns out lower? Will he be automatically put on medicaid if he's under 100%fpl next year?
Appreciate any help on understanding this.
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Also, will they ask for any income documentation for this? He has a SEP. What will happen later in the year for taxes if his income turns out lower? Will he be automatically put on medicaid if he's under 100%fpl next year?
Appreciate any help on understanding this.
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