Is whether or not a group took the tax credit in past years going to have any bearing on their estimate for this year?

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Home »Frequently Asked Questions »Is whether or not a group took the tax credit in past years going to have any bearing on their estimate for this year? Covered CA

Is whether or not a group took the tax credit in past years going to have any bearing on their estimate for this year?

Whether they took the tax credit in past years will NOT impact the amount or ability to take the tax credit this year. If they took the tax credit last year (2013), they may not realize that to take the credit again in 2014, they will HAVE to be in a SHOP plan. That was not a requirement in 2013, so this is a change they need to be aware of.

There may be a more recent answer to this question. Contact Claremont for an update.