Tip for entering income that is suddenly lower than expected:
Enter your income as it is right now when asked on your application how much you are currently earning. Then, adjust your expected yearly income based on what you think you’ll end up making over the course of the year.
Reporting a change to your income may change the how much help paying for costs you receive if you applied for subsidies.
- If you receive an Advance Premium Tax Credit (APTC) and you report an income increase, you may see a decrease in APTC.
- If you report an income that is less, you may see an increase in APTC.
- If you are now enrolled in a Health Connector plan with no APTC and your income is lower, if you applied for coverage and help paying costs, then you may become eligible for APTC.
- If you report an income that is at or below 500% FPL, you may be eligible for ConnectorCare plans.
- If you are enrolled in ConnectorCare and report an increase or decrease in income that is still at or below 500% FPL, then your Plan Type may change. Learn more about Plan Types →
- If you report an income that is at or below 133% FPL, you may qualify for MassHealth coverage.