How do I update my income? Will this change my subsidy?

Has your average income changed recently? If so, you may qualify for a larger premium tax credit, which could lower your plan price. Update your health application as soon as possible so your plan price can be adjusted for the following month. You can find instructions for calculating your income here.

You can report a change in your household income anytime by logging in to your Stride dashboard or contacting your health insurance exchange directly.  See below for instructions based on the state where you live. 

For Stride members living in a Healthcare.gov state: Alabama, Alaska, Arizona, Florida, Indiana, Kansas, Louisiana, Mississippi, Missouri, Montana, Nebraska, North Carolina, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Tennessee, Texas, Utah, Wisconsin, and Wyoming.

Not a Stride member? 1) Log in to your Healthcare.gov account, then 2) select "Report a change" and follow the screen-by-screen directions here.

Otherwise, follow the instructions below to update your health insurance application. 

1. First, log in to your Stride account through the Stride dashboard
2. Select your health insurance card under "Current plan," then select "See plan details."
3. Select the "Learn more" link under "Manage Your Plan and Application."

4. Select the "Update my application" button under the following statement:

   By updating your application with Healthcare.gov, you may qualify for more subsidies or be eligible to replace your existing plan with a new one. Updating your application is easy and takes about 10 minutes. Here are some common updates:

   Income changes that make you newly eligible or ineligible for subsidies

   • A change in your marital status
   • Adding a new family member, such as a newborn
   • A new address
   • Gaining status as a Native American Indian
5. Continue through your application until you reach the "Income and deductions" section.
6. Update this section and add your new income.
7. Continue through the application until you reach "Summary."
8. If everything looks correct, continue through the Eligibility Attestation screen and enter your name as your "electronic signature."
9. Eligibility results: Next, you'll see your new plan price and eligibility based on the income you entered.
10. If everything looks correct, continue to the next page and e-sign again to finalize your new plan price.

If you live in California:

If you live in California, go to your Stride dashboard and select "update income." Because your plan is administered in part through Covered California, you'll need to update your income in the Covered California system. Once you select this option, Stride will update your information for you and send a confirmation email.

Not a Stride member? 1) Log in to your Covered California account and 2) select "Report a Change," or call the exchange directly at (800) 300-1506.

If you live in a state with its own health insurance exchange:

Log in to your state exchange account and select “report a change.”

• State Exchange Directory

Will my income change the cost of my plan?

Maybe! If your income goes down, your subsidies may increase, which could lower your monthly plan price.

If your income goes up, your subsidies may decrease, and your plan price may be higher.

What if I'm determined to be eligible for Medicaid?

If your income falls below a certain level, you may qualify for Medicaid, which offers low-cost or free health coverage. 

If you receive a Medicaid notice after reporting your income change, this link is a helpful place to start for more information: Medicaid.gov

Each state has its own Medicaid programs. Follow this link to contact your state: "How to" information by state for Medicaid and CHIP