What happens when a self employed individual over estimates his income, qualifies for exchange coverage, and ultimately discovers that he in fact made too little income and wasn't eligible?
He will be in the same position of estimating income again next year. Will he be able to buy coverage on exchange? Will the carrier term him retroactively and refund premiums since he wasn't eligible? What will be the recourse?
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He will be in the same position of estimating income again next year. Will he be able to buy coverage on exchange? Will the carrier term him retroactively and refund premiums since he wasn't eligible? What will be the recourse?
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