The Affordable Care Act (ACA), also referred to as Obamacare, was a law that was passed to make affordable health insurance available to more people. The law provides consumers with subsidies (“premium tax credits”) that lower the cost of health insurance for households with incomes between 100% and 400% of the federal poverty level (FPL).

Open Enrollment starts November 1 and ends on December 15th each year for coverage that starts on January 1st.

If you are needing individual Health Insurance and are not over 65 years old, you really need to check out the following link or give me a call. The website will make it easier to find coverage that you might want to have.

You can also enroll in Marketplace coverage if you qualify for a Special Enrollment Period (SEP).

An SEP is a time outside the annual Open Enrollment Period when you enroll in or change health plans. You qualify for SEPs based on certain life events, including:

  • Loss of qualifying health coverage (Note: This SEP does not include loss of coverage due to nonpayment of premiums.)
  • Change in household size.
  • Change in primary place of living that results in access to new health plans.
  • Change in eligibility for Marketplace coverage or help paying for coverage.
  • Enrollment or plan error.
  • Other situations and exceptional circumstances.

In most cases, you have 60 days from the date of the qualifying event to enroll in coverage. If you are enrolling in Marketplace coverage for the first time, you may need to submit documents to prove SEP eligibility.

NOTE: If you experience a change in household income throughout the year, you should report this change to the Marketplace as soon as possible as it may affect the amount of financial assistance that you are eligible for. I can also help you update your Marketplace application on HealthCare.gov as well.

Get a quote and signup online for Health Insurance under the Affordable Care Act