Your guide to buying individual health insurance
Thanks to special enrollment periods, millions of Americans can still buy ACA-compliant plans
Individual health insurance and health reform authority; broker
March 22, 2018
2018 Obamacare enrollment
Open enrollment has ended, but consumers can still enroll if they are eligible for a special enrollment period.
Consumers are still required to have ACA-compliant coverage.
Premium and cost-sharing subsidies are still available.
Exchange plans are key to affordability.
Did you miss open enrollment? There’s a wide range of short-term coverage that could provide a temporary safety net.
With all of the hype about the importance of ACA’s annual open enrollment, it’s easy to understand why many Americans believe their opportunity to enroll in ACA-compliant coverage has now passed. But for millions, that’s simply not the case.
Millions can buy outside
of open enrollment
- A permanent move (in most cases, you must have also had coverage
before your move)
- Marriage or the birth or adoption of a child
- Your non-calendar-year plan reaches its renewal date
- A change in your ACA subsidy eligibility
- A change in your citizenship status
Your reasons to enroll
- You’re still required by law to have ACA-compliant health coverage. If you don’t, you could face the individual mandate penalty. Yes, the GOP tax bill included repeal of the individual mandate penalty, but that doesn’t take effect until 2019. People who are uninsured in 2018 will still face a penalty. Calculate your penalty.
- Coverage is still guaranteed-issue, regardless of pre-existing conditions.
- Premiums for older enrollees are still capped at no more than three
times the premiums for younger enrollees.
- And the financial assistance provided by the ACA is still available, with premium subsidies that are larger than ever in most areas of the country.