How long do I have to enroll in health coverage after turning 26? For more information on Special Enrollment Periods and Qualifying Life Events, visit this handy guide or contact a Consumer Advocate at (855) 772-2663. And guess what? Turning 26 is a qualifying life event that can trigger one of these SEPs. QLEs are the things that allow you to to enroll in health insurance outside of the annual Open Enrollment Period. Special Enrollment Periods (SEPs) occur when a person experiences a qualifying life event (QLE). You can reach the HealthSherpa Consumer Advocate team at (855) 772-2663. If your parent purchased their own insurance through the Marketplace, a HealthSherpa Consumer Advocate can help you assess what you’ll need to know about getting a plan on your own. If your parent is insured through an employer-provided plan, your parent’s HR department should be able to help get the information you need. Health insurance plans can have different rules so it’s a good idea to check when your coverage will end. For example, if your birthday is March 15, your health insurance coverage will end on March 30 (the last day of that month), fifteen days after your 26th birthday. If your parent is covered by an employer-sponsored plan: Coverage under your parent’s employer-sponsored health insurance plan will end on the last day of your birth month.That date is December 15th in most states. If you want your new coverage to take effect on January 1st of the following year, you must complete your enrollment by the Open Enrollment deadline. If your parent has a Marketplace plan, you’ll have until December 31 of the year you turn 26 to sign up for your own health insurance.Be sure to check the details of your parents’ plan before it’s time to blow out the birthday candles. The exact time period when a person loses coverage from their parent’s plan depends on their parent’s health insurance. Do I lose health insurance when I turn 26? Here’s what you need to know to get you ready to start shopping for a new health insurance plan. However, signing up for coverage can be easier than you think. Married? In school? Not living with your parents? Not financially dependent on your parents? Eligible to enroll in your employer’s health insurance plan? Even if any or all of these apply to you, you can still stay insured through your parents’ coverage.įor those with a 26th birthday on the horizon, understanding the world of health insurance may be a new challenge. The landmark healthcare law, also known as Obamacare, allows young adults to stay on their parent’s health plan until they turn 26, no matter what. Thanks to the Affordable Care Act (ACA), many young people choose to stay on their parent’s health insurance for as long as possible, and with good reason.
0 kommentar(er)
