A qualifying experience is a significant life change that makes it possible to enroll in an alternative health plan outside the open enrollment periods. Some of the common qualifying events are moving, adopting or having a child.
One of the most significant things a parent can do is to have a child. Consider the best type of coverage for your family. If you're on a health insurance plan with a large deductible, adding your newborn to the coverage can help lower your overall costs.
You can choose your plan more easily if you are prepared for life's major changes. These special enrollment periods can occur anytime during the year and usually allow you to choose a plan up to 60 days before a qualifying event occurs, such as birth or marriage.
Loss in Coverage is an Event Qualifying
Losing the minimum essential health coverage is one of the most common events that can trigger a special period. When you lose coverage (such as when you divorce), you must provide proof in order to enroll into a new health plan.
There are also other events that qualify, like turning 26 and losing coverage from your parents' plan. The reason is that turning 26 is the age at which you will no longer be eligible for coverage of the same level as when you were a younger adult.
A new job is a qualifying event
You can expect to get a special enrollment window if you start a new position. This will allow you to enroll in employer-based insurance. However, if you pick up your own coverage, you will have to wait until the next open enrollment period for your current employer-based coverage to take effect.
Change of Residence Is a Qualifying Events
Gwen may be able sign up for a health insurance plan if she moves with her family from Miami to Philadelphia. This will help her protect herself and her family. This could save her money since she will not have to pay for the insurance premiums she would have had to pay if they stayed at their old house.
Divorce qualifies as a qualifying event
Max, a Brooklyn resident of 25 years, who gets divorced, can enroll into a new health plan to ensure that his family and he continue to receive the care they need. Anthem offers a variety of plans designed to fit your changing needs.
There are some exceptions. For example, if a student is a brand new one and does not yet have dependents. Or if a special enrollment has already been established. You may be eligible for a different special enrollment period if you are a member of an organized religious group.