Most people carefully consider their health insurance options before enrolling in a plan, so that they select the one that best suits their situation. But when situations change, your health insurance plan might not be a good fit anymore. The good news is that you’re probably not stuck with your health insurance plan until the next enrollment period.
If you experience changes to your living situation, family structure, or finances, it is likely that you will become eligible for a Special Enrollment Period. During this time you can reevaluate your health insurance plan, compare it with others available to you, and select a new one in the event that you decide it’s a better fit. Certain other very unique situations might also qualify you for a new enrollment period.
Some of these situations include:
- You lose your existing health insurance plan due to job loss or something else
- A new child is added to the family, by birth or adoption
- You get married or divorced
- A family member passes away
- Your child turns 26 and ages out of your plan
- You turn 26 and age out of your parent’s plan
- You move to a new zip code or county
- You’re a student and move away to attend school, or move back home after attending school elsewhere
- You move into or out of a shelter or other type of transitional housing
- You’re released from jail or prison
- You’re a migrant worker and change locations
- Your finances change, such that you’re no longer eligible for Medicare or Medicaid (Medi-Cal in California)
- Your finances change such that your coverage eligibility changes
- You join or end service with AmeriCorps
- You become a US citizen
- You join a federally recognized tribe
- You gain status as an Alaska Native Claims Settlement Act (ANCSA) Corporation shareholder
Your health insurance plan is important, because it helps you to manage healthcare expenses. Keep the above events in mind, in case one of them occurs in your life. And then give us a call right away to see if you qualify for a Special Enrollment Period to make changes to your health insurance. This period will only last 60 days, so let’s get started as soon as you become aware of a change.