Moving as a Qualifying Event: Eligibility for ACA Health Insurance

Introduction

Moving to a new residence can be a significant life event. It often brings about changes to our daily routine and circumstances, and health insurance coverage is no exception. Under the Affordable Care Act (ACA), moving can be a qualifying event that allows individuals to enroll in health insurance through the Health Insurance Marketplace. In this blog, we will explore the details of this enrollment provision and provide valuable insights for those who need to secure health coverage after a move.

Understanding Special Enrollment Periods

The ACA established special enrollment periods (SEPs) that allow individuals to enroll in health insurance outside of the regular open enrollment period. One of the qualifying events for an SEP is a move. When you move to a new permanent residence, you are eligible for a 60-day SEP to enroll in an ACA health plan. This applies regardless of whether you previously had health insurance or not.

Important Note: It’s crucial to enroll in a plan during the 60-day SEP to avoid facing penalties for being uninsured.

Qualifiers for Coverage

To be eligible for an SEP based on a move, you must meet the following requirements:

– You moved to a new permanent residence.
– You have proof of your move, such as a new lease or utility bill.
– You enroll in an ACA health plan within 60 days of your move.

Losing Health Insurance and Qualifying for an SEP

It’s important to note that even if you did not have health insurance before moving, you are still eligible for an SEP after a move. This is because moving is considered a “qualifying life event” under the ACA. It provides you with an opportunity to secure health coverage to protect yourself and your family in your new surroundings.

Seeking Assistance from Licensed Agents

Navigating the Health Insurance Marketplace can be challenging, especially if you are unfamiliar with the process. Licensed agents can provide valuable assistance in selecting a plan that meets your needs and budget. They can also help you determine if you qualify for any premium subsidies or cost-sharing reductions.

If you need help finding a licensed agent in your area, you can visit the National Association of Health Underwriters (NAHU) website at www.nahu.org.

Conclusion

Moving to a new residence should not be a barrier to having health insurance coverage. The ACA provides special enrollment periods that allow you to enroll in a health plan outside of the regular open enrollment period. By understanding the eligibility requirements and seeking assistance from licensed agents, you can ensure that you and your family have access to affordable and comprehensive health insurance.