If you have an Obamacare plan and you get a new job that offers health insurance, you will no longer be eligible for ACA subsidies. In that case, you may want to cancel your Obamacare plan and switch to your employer’s plan.
If you have a new job that does not offer health insurance and your earnings exceed the income estimate on your Obamacare application, you may no longer qualify for the same amount in subsidies. In that circumstance, you should update your application by reporting all income and household changes to Healthcare.gov to determine whether your subsidies or other savings will change. If you end up making less than your income estimate, you should also update your application, because you may qualify for more savings under Obamacare.
If you have an employer-based health plan and lose your job, you qualify for a special enrollment period and can apply for Obamacare health insurance outside of open enrollment. You also can sign up to keep your job-based insurance through the Consolidated Omnibus Budget Reconciliation Act (COBRA), but you may have to pay the entire premium — including the portion that was being paid by your employer.
