For people looking to buy their own health insurance policies in Wisconsin, the best time to buy is during Open Enrollment. Open Enrollment is the time that anyone can buy, change or renew their individual or family policies.
If you enroll online, your enrollment will be recorded on the day you sign up. Many people think this is the easiest and best way to enroll. Even if you click “submit” at 11:59 p.m. Eastern Time on the 15th of the month, you can expect to have your insurance start on the first of the next month.
However, if you think it’s best to enroll by phone, make sure the insurance company is open when you plan to call. Many insurance companies are closed in the evenings, on weekends and on holidays. If you plan to call on the 15th and that date is a holiday, Saturday, or Sunday, you may not be able to enroll for insurance starting the next month.
You’ll need to buy a new plan. The good news is that you don’t have to wait for the next Open Enrollment period. Life changes such as moving, getting married, childbirth or adoption qualify you for a Special Enrollment Period (SEP). Be sure that you enroll within the timeline for your SEP.
It’s best to learn about health insurance before it’s time to buy. Browse plans online or give us a call at 800.362.3310.