Are you interesting to know about the enrollment for health insurance? By this article, we will share you about when is open enrollment for health insurance and many more information relating to it.
The date when is open enrollment for health insurance
When is open enrollment for health insurance? The enrollment period usually open annually. For the open enrollment in 2017, the period already ended by 31 January 2017. For the upcoming year, it runs from 1 November until 15 November 2017. How if we want to enroll it, but not in the given period? Generally, you have the chance of it. However, it will only works if you are qualified for the Special Enrollment Period. One requirement you need to have is that you need to have certain life events. Some of the samples are getting married, losing other health coverage, or even having baby.
When is open enrollment for health insurance for job-based plan
On the other hand, the job-based plans may need different periods of open enrollment. It is possible for you to apply as well as enroll in Medicaid or even the Children’s Health Insurance Program, or CHIP, in any time throughout the year.
What you need to know about Health Insurance Marketplace
For you who have not applied insurance on HealthCare.gov, here we will share you some tips you can have.
- The amount you need to pay is based on your income
The savings you have actually depends on the expected household income each year you have. Out of 10 people, 8 of them is able to save. It is even possible for them to get plans for $50 up to $100 every month.
- The health insurance plan with saving
It is actually based on the income you have as well. It is possible for you to be qualified for the premium tax credit, which lowers the monthly insurance bill you have. Furthermore, it is also possible to get the extra savings on out of pocket costs such as deductibles as well as copayments. The plans offered by private insurances companies, who alreasy have range of prices as well as features.
- Medicaid and the Children’s Health Insurance Program (CHIP)
Medicaid as well as CHIP provides low cost and even free option for millions of people as well as families, who have limited income, disabilities or other special situations. For the good news, it is fact that many states are expanding Medicaid in covering any households in certain condition of income. Therefore, you may look up for information whether your state is one of them or not. For other additional information, if you have children, they might be qualified for CHIP even though you do not qualify for Medicaid.
- There are 4 ways you can choose in applying the coverage
The four ways you can have are by phone, online, with person help, as well as with paper application.
Those are all information we can share about health insurance as well as when is open enrollment for health insurance.