Switching plans // tax credits

Hey there.

I just signed up for my own health insurance for the first time through marketplace. Picked a very good plan (very expensive) without realizing what a tax credit actually is.

Can I switch to a less expensive plan than the one I just started? I think it may be more than I actually need.

I know I estimated my income correctly. But I am worried about having to pay my tax credit back. Will I have to? Because I won’t be able to afford that.

submitted by /u/Luckydog6631
[link] [comments]
Hey there. I just signed up for my own health insurance for the first time through marketplace. Picked a very good plan (very expensive) without realizing what a tax credit actually is.
Can I switch to a less expensive plan than the one I just started? I think it may be more than I actually need. I know I estimated my income correctly. But I am worried about having to pay my tax credit back. Will I have to? Because I won’t be able to afford that.

submitted by /u/Luckydog6631 [link] [comments]Read Morer/HealthInsurance

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