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Facts You Need to Know for a Successful Open Enrollment, Part 4

Open Enrollment, a key part of the Affordable Care Act, begins November 15th! It seems like the distant future, but really that’s only six weeks away. That’s only a month and half! Understanding the basics can help you take advantage of this important time period.  Brought to you by REALTORS® Insurance Marketplace, this nine part series will help you learn important facts about this year’s Open Enrollment.

 

4.     Most policies will automatically renew on January 1.
Renewal policies may vary from carrier to carrier. If you are already enrolled in a qualified health plan and don’t make any changes, it is likely that your policy will automatically renew on January 1, 2015. However, you should always check with your current insurance provider to verify their renewal policy.

 

For more information please watch for our next part in this nine part series, posted weekly.

(Pssst…If you can’t wait to see all 9, click here.)

Facts You Need to Know for a Successful Open Enrollment, Part 3

Open Enrollment begins in seven weeks!  Understanding the basics can help you take advantage of this important time period.  Brought to you by REALTORS® Insurance Marketplace, this nine part series will help you learn important facts about this year’s Open Enrollment.

3.            It ends February 15, 2015.

Once Open Enrollment ends, you will not be able to enroll in a plan again until November 2015, unless
you experience a “qualifying life event.” This can include marriage, divorce, the birth of a child,
relocation, etc. If you don’t have a qualified health plan, don’t miss this deadline! You could be subject to
the federal tax penalty.

For more information please watch for our next part in this nine part series, posted weekly.

(Pssst…If you can’t wait to see all 9, click here.)

Facts You Need to Know for a Successful Open Enrollment, Part 2

 

Open Enrollment is now only eight weeks awaOpen Enrollment Begins November 15, 2014y! Understanding the basics can help you take advantage of this important time period.  Brought to you by REALTORS® Insurance Marketplace, this nine part series will help you learn important facts about this year’s Open Enrollment.

          2.    It begins November 15, 2014
                  Beginning November 15th you can enroll in a qualified health plan, with effective dates beginning in January of 2015.

For more information please watch for our next part in this nine part series, posted weekly.

 

(Pssst…If you can’t wait to see all 9, click here.)