Are Tax Credits Annual or Monthly?

If you qualify for a tax credit and then get a new job that increases your income, and cancel the exchange insurance switching to the insurance provided by your new employer do you still have to repay the tax credit? Since you are no longer taking advantage of the reduced rate insurance from the exchange as soon as your income increases I do not understand why you would be required to payback up to the full limit of the tax credit when doing taxes?

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