Question: Can I update my income, but let my #CoveredCalifornia policy automatically renew?
Answer: No. When you update your income, Covered California will determine the new amount of your subsidy, and then you will need to re-select your current plan in order for the updated premium tax credit amount to be applied to your premium next year. If you want the new premium tax credit to take effect on February 1, 2017 you will have to update your application for financial assistance on or before January 15, 2017.
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