Obama Care Market Place financial profile update question
Each year when we sign up for Obama Care we are instructed to report what our income will be for the that year and that we need to update financial information with the Insurance Market Place whenever there are changes to our income during that year.
This year, I no sooner signed up for Obama Care and the ink was hardly dry on my first months premium, when I get in the mail a notice that my Soc. Sec. was being increased by 2% for the 2018 year. And I thought... are you kidding me? NOW I have to turn around and go back into the Market Place and update my income profile by 2% and re-apply for health coverage.
My question is... do I really have to do this, or did the Market Place already take into consideration this 2% increase when I signed up for Obama Care?
What a pain in the caboose!
