Yes, you have to pay for the portion of the time that you were insured by the Marketplace Health plan.
- You may have canceled your Marketplace health plan but you were insured through May and you have to pay for it. It isn't free.
- You also chose to take the subsidy each month and reconcile at tax time.
- Since your income is higher than what you reported when you filled out the Marketplace heath plan application, the subsidy you received each of the five months was more than you were eligible for so you have to pay it all back or at least a portion of it.
For additional information, see What is the Premium Tax Credit (PTC) and What is Tax Form 8962?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
