REWahoo
Give me a museum and I'll fill it. (Picasso) Give
There's some new information - at least new to me!During 2014, the insurer will receive directly from the government "provisional" subsidies (or not) based on the applicant's 2012 O-MAGI computed from the applicant's 2012 tax return. When the applicant files their 2014 tax return in early 2015, they will determine the amount of subsidy that they were actually entitled to in 2014 based on their 2014 O-MAGI. If they received more provisional subsidy than they were entitled to, they will owe the difference with their federal return (or it will reduce their refund, or both). Conversely, if they were entitled to more subsidy that they actually received in 2014, the difference will add to their refund or reduce their taxes due.
Once again, only time will tell if an ACA "subsidized plan" = medicaid plan.