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Sorry that I'm ruminating on the subject, but what happens if a client just leaves everything as it is and keeps on paying their premiums, won't the policy perform as a normal out of Market in which basically it's on autopilot?
Subsidy 2015
- Thread starter rugerred
- Start date
Sorry that I'm ruminating on the subject, but what happens if a client just leaves everything as it is and keeps on paying their premiums, won't the policy perform as a normal out of Market in which basically it's on autopilot?
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No, it expires in Dec as noted previously. To continue with the tax credit they need to reapply.
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>? What do you mean? Thru the exchange it states the policy expiration date is Dec 31 2k14. Also, to get the Tax Credit you MUST reapply each year with updated information.
First... the logic that allen laid out it what I have been preaching for over a year... sell the 2nd lowest to subsidy clients and if all things stay the same regarding income then no rate increase provided they are the 2nd lowest again.
Next, according to the BCBS agent advisor council meetings I have been a part of the plans don't auto term in Jan... they renew.... remember there are 2 parts to this process, plan and subsidy.... the plan cost x and if you are lucky enough to get a subsidy it simply daddy tossing you come flash cash to pay the premium. Each year you gotta go back to daddy and beg for the flash cash
Again, if anyone had been reading my post I have been stating this for over a year
Next, according to the BCBS agent advisor council meetings I have been a part of the plans don't auto term in Jan... they renew.... remember there are 2 parts to this process, plan and subsidy.... the plan cost x and if you are lucky enough to get a subsidy it simply daddy tossing you come flash cash to pay the premium. Each year you gotta go back to daddy and beg for the flash cash
Again, if anyone had been reading my post I have been stating this for over a year
You assume we read your texas gibberish........i don't read cryptic, and don't care to decipher mis-spellings.
You assume we read your texas gibberish........i don't read cryptic, and don't care to decipher mis-spellings.
tough toenails........ deal with it
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We have been told they are automatic renewed, unless there is a major income or life change. Whether on or off exchange. Of course there were quite a few things we were told that were complete BS, so I suppose we will know in a few weeks. If the govt can't get it straight, who can? lol lol
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