How do clients renew their financial assistance?

Clients will get a notice from their insurance company that explains any changes from last year’s plan. This letter will also include an estimate of the PTC for the upcoming plan year. 

As part of tax filing, clients must reconcile the APTCs they received with their actual year-end income to determine whether they received the correct amount of assistance and if they need to pay back or are owed money. Clients must also authorize the collection of tax data when updating their application for the next Open Enrollment Period. If they do not reconcile PTCs or authorize collection of tax data, they will not receive PTCs or CSRs.