Open enrollment ends soon
Don’t miss out on the open enrollment period to purchase 2017 health coverage. It ends on January 31 and after that, you must have a qualifying life event to either change your existing health plan or apply for new coverage. If you do not get health insurance during the open enrollment period, you will have to pay penalties at tax time.
What is a qualifying life event?
Life can change outside of the open enrollment period and may cause you to need changes in your health insurance. If you experience life changes impacting your household size or finances, you may be allowed to change or get coverage. Some examples are when:
- You or a dependent get married
- Household income changes impact your tax credit eligibility
- You move from one state to another
- Coverage changes due to job loss or divorce
- You or a dependent adopts or gives birth to a child
- A policyholder or dependent passes away
What is the special enrollment period?
The special enrollment period is the time outside of the open enrollment period and lasts from February 1 through October 31 every year. This is when changes or enrollment in health plans requires one of the life changes outlined above.
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Need to insure children over 18? Learn how children can stay on parents’ insurance until age 26.