3.2.7  Changing Estimated Income

Once determined eligible for W-2, if the W-2 Group has income and it is expected to exceed the 115 percent gross income limit (see 3.2.1) for at least two consecutive months, the group becomes ineligible for W-2.  Participants must report any change in earned or unearned income within 10 calendar days of the occurrence.  The FEP must redetermine the best estimate (see 3.2.3) for all income at each review, or when any change in the income’s source, rate of pay, or payment schedule has been reported.

Overpayment claims must be established only for untimely reports of changes.

 

 

History: There are no previous versions of this policy.