When your income or household changes

Reporting income & household changes after you're enrolled

If you're enrolled in a Marketplace plan and your income or household changes, update your application as soon as possible.

These changes — like higher or lower income, adding or losing household members, or getting offers of other health coverage — may affect the coverage or savings you’re eligible for. After you finish applying or enrolling, you may be asked to submit documents to confirm your income.

Why it’s important to update your application right away

If your income estimate goes up or you lose a household member — You may qualify for less savings than you’re getting now. If you don’t report the change, you could have to pay money back when you file your federal tax return.

If your income estimate goes down or you gain a household member — You could qualify for:

The amount you pay for your health insurance every month. In addition to your premium, you usually have to pay other costs for your health care, including a deductible, copayments, and coinsurance. If you have a Marketplace health plan, you may be able to lower your costs with a premium tax credit. Refer to glossary for more details.

Insurance program that provides free or low-cost health coverage to some low-income people, families and children, pregnant women, the elderly, and people with disabilities. Many states have expanded their Medicaid programs to cover all people below certain income levels. Refer to glossary for more details.

Children’s Health Insurance Program (CHIP)

Insurance program that provides low-cost health coverage to children in families that earn too much money to qualify for Medicaid but not enough to buy private insurance. In some states, CHIP covers pregnant women. Refer to glossary for more details.

Find out how your savings may change

Use this IRS tool to find out how income and household changes can affect your savings.

If you need to cancel your plan

Some changes — like starting

A federal health insurance program for people 65 and older and certain younger people with disabilities. It also covers people with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant, sometimes called ESRD).

Refer to glossary for more details.

coverage or getting a job-based insurance offer — require you to cancel your Marketplace plan. Or you may want to cancel coverage for another reason.