How and when can you enroll in a health insurance plan? Well, that depends on a variety of variables - such as your employer / employment status, age, marital status and if it's (everyone's favorite time of year) open enrollment season! Let's dive in. More info below ⤵️
Head over to [ Ссылка ] for our full (and free) #HealthInsurance course!
In this video:
0:00 - Process of enrolling for health insurance
0:29 - How to enroll in health insurance
1:18 - Health insurance if you're married
1:29 - Health insurance if you're under 26
1:42 - COBRA (Health insurance if you lose/leave your job)
1:59 - onomy.co ([ Ссылка ])
about onomy
Let us make it easy for you. Taxes, health insurance, investing for the first time, renting/buying a home, and lots more – why didn’t we learn this in school?
There’s so much we need to know to live our daily lives, but were never taught. We created #onomy because we believe that everyone should have this knowledge – for free. Our courses and lessons simplify complex topics to help you make the transition to real life. It’s #adulting made easy.
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Lesson Overview
What is "Open Enrollment"?
Open enrollment refers to the time of the year in which the public can sign up for health insurance coverage through one of the online exchanges. There are Open Enrollment periods for both employer-sponsored insurance and on the insurance exchanges.
Open Enrollment on the Exchanges
On the exchanges (for more info on the exchanges, check out lesson 3: where you get health insurance--link in resources), open enrollment is once per year (Generally November - December) unless you have a qualifying life event (lost your job, your spouse, etc--see a list of qualifying events below in our resources). As 2021 open enrollment is approaching, here’s how you can enroll if you don't have employer-sponsored health insurance:
As of November 1, you can log in to the exchange at HealthCare.gov, fill out an application, and enroll in a health insurance plan for 2021-- the process is entirely online and your coverage will last the whole year. The deadline to enroll is December 15th nationally, but some states have extended their enrollment deadline--see below for more information in our resources.
Open Enrollment with Employer-Sponsored Health Insurance
For those with employer-sponsored health insurance, you have a window after you’re hired that counts as a qualifying life event. DON’T MISS THIS WINDOW or else you’ll be on your own. Your employer will then have open enrollment for a new plan every year when you can add/change your current coverage. They’ll let you know when it’s the right time to sign up.
Other Ways to Enroll
If you’re married, you can generally enroll on your spouse’s plan (a wedding counts as a qualifying life event, or you can enroll during the open enrollment period at the company).
If you’re under the age of 26, you can be added to your parents' plan. Upon your 26th birthday, you are eligible to enroll on the exchange (your 26th birthday is a qualifying life event).
One more scenario to cover: if you leave or lose your job, you’re eligible for COBRA, which is a law that allows you to pay your former employer to keep you on their plan for several months. This route can often be expensive, but, depending on your medical needs, it might be the right one for you.
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Course Overview
We’ve all been there. Trying to select a health insurance plan for the first time, not knowing or understanding any of the terms or how to make the right decision. We’re here to help.
This course is going to define all those terms, and also talk about how to make your health insurance decisions, how to choose a plan, how to enroll, and so much more. This course includes lessons covering:
Health care providers
What is health insurance and why is it important?
Employer-provided health insurance vs. the exchanges
Key health insurance terms
Types of health insurance plans
How health insurance works — overview by example!
Medical bills and explanation of benefits
How to enroll
What to consider when choosing your plan
What is Obamacare / The Affordable Care Act?
Come with us to explore all these lessons together or jump into the lesson that answers your specific question. Let’s go!
