(By – Michelle Andrews, Kaiser Health News)
This week, I fielded questions about the circumstances under which people have to repay premium tax credits for health insurance purchased on the marketplaces and about Medicare coverage of dental services.
Q. My 60-year-old sister lost her $45,000-a-year job in 2014, and she and her husband bought a marketplace plan this year. They had estimated their annual income at $22,000, but then she inherited $30,000 from our mother’s estate. If I’m calculating correctly, they’ll have to repay $18,000 in premium tax credits. Are there no allowances made for a death in a family or unforeseen circumstances?
A. Fortunately for your sister, your calculations are incorrect. There are special circumstances that likely apply in her case. Read more…
Kaiser Health News is a nonprofit national health policy news service that is part of the nonpartisan Henry J. Kaiser Family Foundation.
Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; medicarereport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org.