Q) I am going to lose my health coverage in less than a month. Do I put down on my application that I have it? Even though I’ll be losing it very soon?
A) Yes, you should put down on your application that you have health coverage, even though you will be losing it very soon. This is because you are still covered under your current health plan until the day you lose it. If you do not put down that you have health coverage, you may be penalized when you file your taxes next year.
Here are some things to keep in mind:
- You should report any changes in your health coverage to the marketplace as soon as possible.
- You should be aware of the deadline to enroll in a new health plan.
- You should contact the marketplace if you have any questions about your coverage.