Don't Risk It – Upload Your Verification Documents For Your Licensed Agent To Review
Before you send your documents directly to the marketplace, consider this: a simple mistake could lead to plan cancellation or a premium hike. But fear not, we've got you covered.
At Utah Avenue Insurance, we're your safety net. We ensure your submission is perfect, so you never have to worry about losing your coverage or paying more. Unlike Marketplace call center representatives, our agents are licensed and insured. You can rest easy knowing we've got the knowledge and expertise to handle even the trickiest of verification requests, without compromising the affordable health insurance you count on.
Our Verification Process
Easy Upload: Simply upload, text or email your verification documents to us.
Our Experts Review: Our team of experts checks your documents against the Marketplace's requirements.
Helpful Feedback: If anything's amiss, we won't leave you in the lurch. We provide feedback and guidance.
Proof of Income
Why is the Marketplace asking me to verify this?
The Marketplace asks for proof of income to determine how much financial assistance you qualify for when it comes to health insurance. Your income helps them figure out if you're eligible for subsidies or other cost-saving benefits. It's all about making sure that healthcare coverage is affordable for you. When the Marketplace asks for proof of income, it could be because the income you reported doesn't match what they have on record. Sometimes, there can be discrepancies or errors in the information, and they want to make sure everything is accurate. Providing proof of income is a way to clear up any confusion and ensure you receive the right level of financial assistance for your health insurance.
What documentation should I submit to satisfy this requirement?
Acceptable proof of income for Marketplace health insurance typically involves providing documents like pay stubs, W-2 forms, or tax returns. However, if you're self-employed, you can also use other forms of income verification such as profit and loss statements, a letter from your CPA, or even a personal letter explaining why your estimated income differs from what you've reported in prior years. These documents help the Marketplace determine the level of financial assistance you're eligible for when it comes to your health insurance, and ensures that you aren't penalized at tax time for incorrectly estimating your income.
- • Pay Stubs
• Tax Return
• Profit & Loss Statement (P&L)
• CPA Letter
• Income Letter
• Personal Letter of Explanation
Get help with your Marketplace verifications from a local Utah health insurance agent
We're delighted to offer both in-person and phone consultations to assist you with your health insurance requirements. Our expertise extends to health insurance solutions both within and outside the marketplace, Medicare Advantage and supplements, dental and vision insurance, as well as life insurance and accident plans. We appreciate the opportunity to serve as your advocate in navigating these options. The best part is that our guidance and support come at no cost to you. Your well-being is our priority, and we're committed to ensuring you make informed decisions about your insurance coverage.