Why Were My ObamaCare Tax Credits Taken Away?
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So this is for my girlfriend whom has had her tax credits every month of this year so far, and they just completely get denied for May. She has been paying Maine community health care options around 20 dollars a month. She is currently making around 800 dollars a month so I know she needs financial aid for her health coverage, and we are also trying to save up for college so the fact that her tax credits are not counted anymore freaks me out. Can someone explain to me how the tax credit system has completely failed her since she is making only 800 dollars a month, with a 200 dollar rent, and other expenses on top.
TSA
Sounds like based on your salary numbers she’s well within the fpl. The last reason given is probably what is causing the issue however, the answer is incomplete and therefore misleading. Rarely especially in the case of Obama care do people provide inaccurate information and the only thing that is really considered and affects costs and subsidies etc is income. If coverage has been in place and income had not changed then someone changed something. Have a friend who enrolled after selling home and moved. It took 7 months to get the address change between the insurance company and obamacare exchange. After 7 months and 128 phone calls, success. But that last phone call confirming address change turned into nightmare part deux. Somehow when the obamacare specialist pulled up the account, there was an extra zero added in the income portion therefore showing much higher income and not only invalidating subsidies she had received, but the policy as well.
Good luck. You are gonna need it.