Marketplace is Sending Failure to Reconcile (FTR) Recheck Notices in April
The Health Insurance Marketplace will begin sending Failure to File and Reconcile (FTR) Recheck notices in mid‑April 2025, reminding certain enrollees to file their federal tax returns and reconcile any advance premium tax credits (APTC) they received. FTR Recheck is the process by which CMS verifies IRS data to ensure that enrollees who attested to having filed and reconciled actually did so.
What Is FTR Recheck?
FTR Recheck targets enrollees who received APTC but did not complete their tax filing and reconciliation. Notices will be sent in April—either indirectly to the enrollee, directly to the household tax filer, or both—informing them of their FTR status and listing the tax years involved.
Why It Matters
Enrollees who fail to file and reconcile for two consecutive tax years risk losing their APTC as early as this summer. IRS data will be reviewed again in summer 2025, and any enrollee confirmed in two‑year FTR status will have their APTC terminated effective the month after that final check.
How Agents and Brokers Can Help
Agents and brokers play a critical role in guiding enrollees through the FTR process by:
- Explaining the notices and required actions
- Directing clients to the IRS’s Premium Tax Credit basics page for filing guidance
- Assisting with plan selection or qualifying Special Enrollment Periods after reconciliation
- Advising on the appeals process if APTC is ended in error.
Appeals Process
Enrollees who believe their APTC was wrongly terminated may appeal through the Marketplace Appeals Center or, for those in State‑Based Exchanges, their respective state appeals entity. State exchange contacts can be found at Healthcare.gov’s “Marketplace in Your State” page.