We know this was coming :) Consumer Consent for Income Verification Starting Friday, August 21, 2014, Covered California is sending notices to health plan enrollees asking permission to automatically verify their income for the coverage year 2015. Some of these enrollees may be your clients. Having enrollees’ permission to verify their household income will allow Covered California to calculate their Advanced Premium Tax Credit (APTC) for 2015. APTC - or simply “premium assistance” - is financial help eligible consumers may receive to reduce the cost of their monthly premium. The amount of premium assistance an individual may receive is determined based on his or her income as a percentage of the federal poverty level. Covered California needs your help explaining to members why their consent is important and assisting enrollees who need it on how to respond to this request. Consent can be given via telephone by you as their Certified Insurance Agents. Additionally, Certified Enrollment Counselors and Covered California service center representatives can be of assistance. Consumers who have not provided consent are at risk of losing their APTC in 2015. Providing consent to verify income is not required but it is needed to calculate APTC. To assist you with this effort, Covered California is providing you with samples of these consumer notice(s) for reference: Materials/Tools • Sample Notice NOD 11a • Sample Notice NOD 11b The Agent Service Center is also available at 877-453-9198 or via e-mail at [email protected], Monday through Friday, 8:00 a.m. to 6:00 p.m. to help answer questions you may have. Thank you for your continued support and cooperation. Covered CaliforniaTM 1601 Exposition Blvd. Sacramento, CA 95815 CoveredCA
Posted on: Fri, 29 Aug 2014 01:51:35 +0000
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