DWQA QuestionsCategory: UnemployedHow do I estimate my income if I don’t know whether I’ll have a job?
HealthTNHealthTN Staff asked 4 years ago

How do I estimate my income if I don’t know whether I’ll have a job?

1 Answers
HealthTNHealthTN Staff answered 4 years ago

When you complete a Marketplace application, you’ll need to predict your income the best you can. The application will help you make this estimate. If your income turns out to be different from what you estimate, you’ll need to update your Marketplace information.

  • If you buy a Marketplace plan and then make less than you estimated, you may qualify for lower costs than you originally got. You’ll get a refund for the difference.
  • If you buy a Marketplace plan, pay lower premium costs based on your income, and wind up making more money than you thought, you may have to pay back some of the savings.

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