REPLYING TO THE MARKETPLACE NOTICE
In regards to recent letter from the Health Insurance Marketplace
TIPS TO HELP YOU RESPOND
1. ALWAYS - Include date of notice
Application date
Application ID
IMPORTANT: Please respond within 30 days to keep your PREMIUM DISCOUNT - which is reducing the cost for MarketPlace health coverage
2. How to send in requested materials - by postal mail
Please send the requested documents including the bar code page. This will enable the Marketplace to process your paperwork most expeditiously so you can continue receiving tax credits and cost-sharing reductions.
What should I do next?
1. Look at the attached list of documents and make a copy of any documents you have. Provide all documents that help you prove yearly household income.
2. If you mail documents, be sure to mail a COPY and keep the originals for your records.
Where to send you documents:
Send a copy of the documents to:
Health Insurance Marketplace
Attn: Supporting Documentation
465 Industrial Blvd
London, KY 40750
3. How to send in requested materials - by EMAIL
Upload a copy of the documents to your My Account on HealthCare.gov. This is the fastest way to get your documents processed.
You may have to reset your password as the Marketplace has taken some new security precautions
4. Requested Documents - Identity
1. A copy of the documents proving citizenship and identify for the following individuals: (Names listed )
2. For US Citizens:
· Driver License
· Social Security Card
· Voter Registration
Requested Documents - Identity
DOCUMENTS NEEDED TO PROVE YOUR YEARLY HOUSEHOLD INCOME FOR 2014
If you want to keep the tax credits and cost-sharing reductions you’re receiving, you need to send additional documents. You need to send us proof of your yearly household income for 2014. Please keep your original documents and send us a copy:
Documents to Prove Your Yearly Household Income: - GROSS INCOME BEFORE TAX
· Wages and tax statement (W-2)
· Pay Stub
· Letter from employer
· Self employment ledger
· Cost of living adjustment letter and other benefit verification notices
· Lease agreement, if you earn income from renting property or other items
· Copy of a check paid to the household member showing self-employment income
· Bank or investment fund statement
· Document or letter from the Social Security Administrations (SSA) with information about benefits
the household member receives
· For SSA 1099 Social Security benefits statement
· Letter from government agency with information about unemployment benefits a household member receives
The dates of these documents don’t need to be for 2014. You can provide recent pay stubs if you don’t expect your income to change. If you do expect your income to go up or down in 2014, you can provide other documents, like a document that states when contract work will end or what your new wages will be. If any of your income comes from freelance work, you can fill out a self-employment ledger that includes your expected income.
What This Means :
I called the Marketplace - and what they are looking for is simply " verification " that you are earning income and will therefore be filing a tax return for 2014. Your Premium Discount - Subsidy - Tax Credit - will NOT change on the basis of this.
When you do your taxes for this tax year 2014 -
the IRS will reconcile your income estimate you entered with the Marketplace -
with your actual income - Modified Adjusted Gross Income ( MAGI) - essentially line 37 on your 1040.
TIPS TO HELP YOU RESPOND
1. ALWAYS - Include date of notice
Application date
Application ID
IMPORTANT: Please respond within 30 days to keep your PREMIUM DISCOUNT - which is reducing the cost for MarketPlace health coverage
2. How to send in requested materials - by postal mail
Please send the requested documents including the bar code page. This will enable the Marketplace to process your paperwork most expeditiously so you can continue receiving tax credits and cost-sharing reductions.
What should I do next?
1. Look at the attached list of documents and make a copy of any documents you have. Provide all documents that help you prove yearly household income.
2. If you mail documents, be sure to mail a COPY and keep the originals for your records.
Where to send you documents:
Send a copy of the documents to:
Health Insurance Marketplace
Attn: Supporting Documentation
465 Industrial Blvd
London, KY 40750
3. How to send in requested materials - by EMAIL
Upload a copy of the documents to your My Account on HealthCare.gov. This is the fastest way to get your documents processed.
You may have to reset your password as the Marketplace has taken some new security precautions
4. Requested Documents - Identity
1. A copy of the documents proving citizenship and identify for the following individuals: (Names listed )
2. For US Citizens:
· Driver License
· Social Security Card
· Voter Registration
Requested Documents - Identity
DOCUMENTS NEEDED TO PROVE YOUR YEARLY HOUSEHOLD INCOME FOR 2014
If you want to keep the tax credits and cost-sharing reductions you’re receiving, you need to send additional documents. You need to send us proof of your yearly household income for 2014. Please keep your original documents and send us a copy:
Documents to Prove Your Yearly Household Income: - GROSS INCOME BEFORE TAX
· Wages and tax statement (W-2)
· Pay Stub
· Letter from employer
· Self employment ledger
· Cost of living adjustment letter and other benefit verification notices
· Lease agreement, if you earn income from renting property or other items
· Copy of a check paid to the household member showing self-employment income
· Bank or investment fund statement
· Document or letter from the Social Security Administrations (SSA) with information about benefits
the household member receives
· For SSA 1099 Social Security benefits statement
· Letter from government agency with information about unemployment benefits a household member receives
The dates of these documents don’t need to be for 2014. You can provide recent pay stubs if you don’t expect your income to change. If you do expect your income to go up or down in 2014, you can provide other documents, like a document that states when contract work will end or what your new wages will be. If any of your income comes from freelance work, you can fill out a self-employment ledger that includes your expected income.
What This Means :
I called the Marketplace - and what they are looking for is simply " verification " that you are earning income and will therefore be filing a tax return for 2014. Your Premium Discount - Subsidy - Tax Credit - will NOT change on the basis of this.
When you do your taxes for this tax year 2014 -
the IRS will reconcile your income estimate you entered with the Marketplace -
with your actual income - Modified Adjusted Gross Income ( MAGI) - essentially line 37 on your 1040.
