Special Enrollment Period Options for ACA Insurance When You Change Jobs
Special Enrollment Period Options for ACA Insurance When You Change Jobs
If you are considering changing jobs and are concerned about the cost of health insurance for your child, you may be wondering if you qualify for a Special Enrollment Period (SEP) through the Affordable Care Act (ACA).
What is a Special Enrollment Period?
A Special Enrollment Period (SEP) is a time outside of the Open Enrollment Period when you can enroll in or make changes to your health insurance plan. You may qualify for an SEP if you experience certain life events, such as losing job-based health insurance, getting married, or having a baby.
Changing Jobs and Your Child’s Health Insurance
If you lose job-based health insurance for yourself and/or your child when you change jobs, you will qualify for an SEP. This means that you will have 60 days from the date you lose coverage to enroll in an ACA health insurance plan.
However, it’s important to note that you may not qualify for a subsidy for your child if your new employer offers coverage for your child. This is because subsidies are based on your income and family size, and if your employer offers coverage for your child, your income will be higher, which could make you ineligible for a subsidy.
How to Enroll in an ACA Health Insurance Plan
If you qualify for an SEP, you can enroll in an ACA health insurance plan through the Health Insurance Marketplace. You can visit HealthCare.gov or call 1-800-318-2596 to get started.
When to Enroll
If you are changing jobs and are concerned about the cost of health insurance for your child, it’s important to enroll in an ACA health insurance plan as soon as possible. This will ensure that your child has continuous coverage and that you don’t have to pay any penalties for being uninsured.
Additional Resources
[HealthCare.gov](https://www.healthcare.gov/)
[Centers for Medicare & Medicaid Services](https://www.cms.gov/)
[National Association of Insurance Commissioners](https://www.naic.org/)
Question? or Need a Free Quote?
Contact Us
Reach out to us for free expert insurance advice and solutions. We will help you solve ACA (Obamacare) related questions and problems. Will contact you within 24 hours of receiving your message.