Are You Missing Out on Affordable Health Insurance?
Losing your job can be a stressful experience, especially when it comes to health insurance. If you find yourself in a similar situation, don’t panic. There are options available to help you get the coverage you need.
Understanding Your Options
The Affordable Care Act (ACA) provides a number of ways to get health insurance, even if you have a pre-existing condition.
Health Insurance Marketplace: The Health Insurance Marketplace is a government-run website where you can compare and purchase health insurance plans from private insurers. You may qualify for premium tax credits that can lower your monthly payments.
Medicaid: Medicaid is a government program that provides health insurance to low-income individuals and families.
CHIP: CHIP is a government program that provides health insurance to children from families with incomes above the Medicaid limit.
COBRA: COBRA allows you to continue your employer-sponsored health insurance for a limited time after you lose your job.
Special Enrollment Period
If you lose your job, you qualify for a Special Enrollment Period (SEP). This means you can enroll in a health insurance plan outside of the open enrollment period. You have 60 days from the date you lost your job to enroll in a plan.
What Happens if I Miss the SEP?
If you miss the SEP, you will have to wait until the next open enrollment period to enroll in a health insurance plan. This can be a problem if you have a pre-existing condition, as you may not be able to get coverage without a waiting period.
Don’t Wait, Get Covered Today
Losing your job doesn’t have to mean losing your health insurance. Contact a licensed insurance agent to learn more about your options and enroll in a plan that meets your needs.
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.