Before 2014, individual
health insurance is available to buy at any time of the year and only relatively healthy
applicants were eligible in most states. Since then, medical history is
no longer taken into account when determining eligibility or the premium
paid for by an applicant. However, possessing health insurance plans is
now mandatory and enrollment is restricted to an annual open enrollment
period and special enrollment periods due to qualifying events.
If health insurance plans are available through your job, employers can
purchase them for their employees at any time. Nevertheless, employees
are restricted to an annual open enrollment period during which they can
sign up or change certain aspects of their coverage. Special enrollment
periods are available for employer-sponsored health plans under certain
circumstances, including loss of other coverage, getting married, becoming
a United States citizen, becoming a dependent or gaining a dependent, etc.
If you are seeking health insurance in the individual market, the federal
government has established open enrollment dates. The Department of Health
and Human Services (HHS) issues Benefit and Payment Parameters (BPP) for
the approaching year on an annual basis.
According to the BPP for 2017, HHS states that open enrollment for 2017
and 2018 will adhere to the same schedule which was established in 2016.
However, the schedule will be adjusted permanently in time for the 2019
open enrollment, making the enrollment period shorter and end prior to
the beginning of the coverage year.
The following are the upcoming open enrollment dates:
- Coverage for 2017 – November 1, 2016 to January 31, 2017
- Coverage for 2018 – November 1, 2017 to January 31, 2018
- Coverage for 2019 – November 1, 2018 to December 15, 2018
- Coverage for 2020 –November 1, 2019 to December 15, 2019
The following are important dates to remember regarding coverage effective in 2017:
- November 1, 2016 – Open enrollment begins with coverage effective
January 1, 2017.
December 15, 2016 – las day to enroll in a plan with a January 1,
2017 effective date. However, if you reside in Massachusetts, Rhode Island
and Washington, you have until the 23rd.
- January 15, 2017 – las day to enroll in a plan with a February 1,
2017 effective date.
- January 31, 2017 – last day to enroll in a 2017 plan.
For more information,
contact Insurance Specialists, Inc. today!