Since the Affordable Care Act came into effect, people can’t buy individual health insurance just any time of the year. Now, people must buy individual health insurance during the annual Open Enrollment Period. You can’t buy health insurance any other time during the year, except if you have a qualifying event for health insurance. The qualifying life event triggers a Special Enrollment Period (SEP).
Below is a list of qualifying events for health insurance that trigger Special Enrollment Periods –
- Having a baby, adoption or having a child placed with you for adoption or foster care
- Getting married
- Losing other coverage (this doesn’t include voluntarily dropping your coverage or losing coverage due to non-payment)
- Moving to a new permanent residence outside of your insurance coverage area
- Aging off your parent’s plan (usually that’s when you turn 26)
- You graduated and lost student coverage
- Your COBRA Coverage expired
- Becoming a citizen or gaining lawful presence in the US
- Release from incarceration
- You have a change in tribal status
- Your income status changed, which affected eligibility for premium tax credits, cost-sharing reductions or Medicaid
If you have a qualifying life event, you usually have 60 days to report the event and sign up for health insurance during the Special Enrollment Period. See if you may be eligible to enroll for health insurance in Wisconsin with a Special Enrollment Period by going to healthcare.gov.