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I am not sure if you can help me on this, but I have tried to find information regarding this topic and have been unable to.
Currently, I am on the IBR repayment plan and my health benefits are paid in full by my employer. When Obamacare starts, the employer would like to supplement our income so we are able to obtain insurance. If this happens, I would still qualify for IBR, but an increase in my pay would make my monthly IBR payment to increase.
So my question is, will there be a plan in effect to protect the borrower in this situation? Will we have to include our supplemental check for insurance in our yearly income reported to student loans?
Thank you!
I would suggest using the alternative income documentation rather than your tax return to certify your IBR payment in this situation