I signed up for Healthcare Marketplace Insurance and then was sent a Medicaid card…

Hi everyone! I'm hoping someone with U.S. healthcare system knowledge can help me out.

Some back story- I was recently laid off and lost my healthcare insurance benefits. I signed up for a healthcare plan through the Health Insurance Marketplace and was told I was eligible for a tax credit of up to $312. I paid my premium for the month of February and currently have coverage with this insurance plan.

After this, I received a health insurance card in the mail for a different plan offered by Medicaid. I never signed up for Medicaid and was initially told on healthcare.gov that my income with my unemployment benefits is too high to qualify for Medicaid.

The Health Insurance Marketplace told me to call my state Medicaid office. I called the state Medicaid Office and they told me that I currently eligible for Medicaid due to an act passed during Covid but that the act will soon be expiring and with my current income I will likely not be eligible for much longer…

Now, I have the option of either canceling my marketplace plan and rely on Medicaid hoping that I don't lose my coverage or canceling my Medicaid. However, I am worried about doing that because I don't want to be penalized on my taxes at the end of the year for using a federal tax credit and "denying" Medicaid.

Does anyone have any insight or suggestions on what I should do?

Thank you in advance for your help!

submitted by /u/InternationalRent988
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