Qualifying life events
When can I buy insurance or change my current plan?
You can buy insurance or make changes to your insurance plan two times during the year:
- During open enrollment
- If you’ve had a qualifying life event
What are qualifying life events?
You may qualify for a special enrollment period if something major changed in your life. Those major changes are called “qualifying life events” or “qualified status changes.” Examples of qualifying life events include:
- Permanent move
- Involuntary loss of current health insurance
In most situations, you have 60 days from the date of the event to apply for new coverage.
What constitutes an involuntary loss of insurance?
The term “involuntary” loss of health insurance can be confusing. For example, imagine that you voluntarily leave your job and lose the insurance you get through your employer. That is considered an involuntary loss of insurance. Other examples of an involuntary loss of insurance include:
- Death of the policyholder