What happens if I cancel my plan thru SureCo and go to the Marketplace for coverage and obtain a subsidy?

Because your employer offers contributions toward health plan premiums, our plan offerings are considered "affordable" by IRS guidelines. This means that because you are offered an affordable health plan from your employer, you do not qualify to apply for a subsidy or premium tax credits though the marketplace.

Canceling your plan or waiving benefits, then going to the Marketplace to purchase a plan with subsidies can have financial ramifications including penalties with the IRS.