16' Income Verifications - what Are You Seeing?

Nov 4, 2015

  1. Yagents
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    Yagents Guru

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    I've done mostly OFF apps for now, and about a dozen ON exchange apps via WBE or HC.gov. I've only had 1 income verification request so far. Last year, it seemed to run 50% plus needed to send in docs.

    What is everyone else seeing ????

    I may get to actually play golf this spring....or plant some flowers.
     
    Yagents, Nov 4, 2015
    #1
  2. kgmom219
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    kgmom219 What's Next?

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    1 income verification so far, but her MAGI was $150K for 2014, so I was expecting it.

    I'm asking for their 2014 MAGI and unless there is a reason, I'm using it. Havent had a letter with that method.

    I vote for the golf
     
  3. G.Gordon
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    G.Gordon Guru

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    We were seeing a high percentage, then things changed for some reason and didn't have one all day yesterday.
     
  4. Pancur
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    Pancur Super Genius

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    Same thing here. The first two days of the 2016 OEP I had none but the last two days I had a couple.
     
    Pancur, Nov 6, 2015
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  5. mwoodbrid
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    mwoodbrid Expert

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    Ditto here. First couple of days, a bunch. Now, barely any. I'm also using 2014 MAGI for estimates this year unless there's been a significant change in circumstances. It makes sense to clients and seems to be what the feds are expecting.
     
  6. AllenChicago
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    AllenChicago Guru

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    Just got a call from a self-employed guy asking how to prove he's going to make $20,000 next year. He made over $80,000 this year. Since his accountant is working this "miracle" for him, that's where he should turn for advice on what to send to healthscare.gov.
     
  7. Tkruger
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    Tkruger Guru

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    Every plan thus far via WBE has required income verification. Apps so far have been from FL and GA. I thought it to be a little odd but all clients are self employed.
     
    Tkruger, Nov 6, 2015
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  8. TwoLabs
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    TwoLabs Super Genius

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    1 for 1 so far wanting proof of income.
     
    TwoLabs, Nov 6, 2015
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  9. rugerred
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    rugerred Guru

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    I had one yesterday on a 45 year old that has been on the exchange since the start asking for proof they are not on Medicare. That's a first.
     
  10. kgmom219
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    kgmom219 What's Next?

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    I had 2 of those today! I just assumed it was because the spouse was on Medicare
     
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