Our Blog

Visit us often to learn what the latest and greatest news may be in the Health Insurance world.

Why am I not getting tax credits on the Health Exchange?

There could be several reasons why you are not receiving Federal Tax Credits to help lower the cost of your monthly premiums.  Here are some of the most common.

  1. You didn’t file your taxes or you didn’t file them on time:  Not filing taxes is a sure way to lose your tax credits. Why?  The Government needs to verify your income to know if the income you are reporting in your account matches what they have on record.  Once you file your taxes and the IRS has processed your return, you can do a “redetermination” and once again quality.
  2. Your income is too high:  While this may sound obvious, many people are surprised that when they start earning more, their tax credits do in fact go away.
  3. You indicated on your account that you are not seeking Tax Credits or Medicaid (Washington Apple Health).  Sometimes just checking this box incorrectly can lead you to miss out on Federal Tax Credits
  4. You listed that you have other health insurance.  If you mark on your application that you do have other health insurance, that will disqualify you from receiving Tax Credits.

[ Past Articles ]

Recent Articles:

1/18/18  Why am I not getting tax credits on the Health Exchange?

1/15/18  Washington Health Exchange Offers Small-Business Health Coverage to Existing Users

1/12/18  Getting Financial Help Paying for Your Washington Health Exchange Insurance

1/8/18  Washington Healthplanfinder Sees Enrollment Continue to Increase

1/2/18  Frequently Asked Questions for Customers of the Washington Health Benefit Exchange

11/30/17  Qualifying for a Special Enrollment Period

11/27/17  What Immigrants Should Know Before Applying to 2018 Washington Health Exchange

11/15/17  Washington Exchange 2018 Health Insurance Coverage Offered by County

11/13/17  Enrollment with Washington Health Benefit Exchange Soars

11/9/17  Submitting Additional Documents to Prove Eligibility for Exchange Insurance Coverage

11/6/17  Free Preventive Care Benefits for Adults Covered by the Washington Exchange

11/3/17  Shopping for an Insurance Plan

10/30/17  Reporting a Change in Your Income, Health Coverage or Household

10/27/17  Reporting Your Income

10/24/17  Applying for Medical Insurance with The Washington Health Plan Finder

10/19/17  Washington Health Benefit Exchange Coverage for Mental Health and Substance Abuse

10/16/17  Five Ways You Can Get Health Insurance Coverage in Your 20s

10/9/17  Health Benefits That All Insurance Plans Must Cover

10/5/17  Key Deadlines for Your 2018 Open Enrollment

4/3/17  Why Should I Care What the EOB Says?

3/20/17  The Most Common Health Insurance Terms Explained

3/9/17  Common Health Insurance Questions

2/21/17  Understanding The Difference Between HMO and PPO Plans

11/1/16  Open Enrollment for 2017 Has Begun

10/25/16  Open Enrollment: What You Need To Know

8/30/16  Carrier Exits and Coverage in 2017 – Should you be worried?

8/24/16  WashingtonHealthPlanFinder losing statewide United Healthcare Small Business plans as of 1-1-17