Renewing Your Marketplace Health Insurance Plan

If you enrolled in a Marketplace health insurance plan, you’ll need to renew it every year. Your coverage will end on December 31st of each year, and you’ll need to take action to renew your plan for the following year.

You can renew your plan by visiting the Marketplace website or by calling the Marketplace call center. You’ll need to provide your Social Security number, date of birth, and other personal information. You’ll also need to choose a plan for the upcoming year.

If you don’t renew your plan, you’ll lose your health insurance coverage. You may also have to pay a penalty for not having health insurance.

How to Renew Your Plan

There are two ways to renew your Marketplace health insurance plan:

1. Visit the Marketplace website. You can renew your plan online at HealthCare.gov. You’ll need to create an account if you don’t already have one.
2. Call the Marketplace call center. You can renew your plan over the phone by calling the Marketplace call center. The phone number is 1-800-318-2596.

When to Renew Your Plan

You can renew your plan starting on November 1st of each year. The deadline to renew your plan is December 15th. If you miss the deadline, you may have to pay a penalty for not having health insurance.

What if I Miss the Deadline?

If you miss the deadline to renew your plan, you may have to pay a penalty for not having health insurance. The penalty is based on your income and the number of days you go without health insurance.

You may also be able to get a special enrollment period if you miss the deadline to renew your plan. A special enrollment period is a time when you can enroll in a health insurance plan outside of the open enrollment period. You may qualify for a special enrollment period if you have a qualifying life event, such as losing your job or getting married.

Need Help?

If you need help renewing your Marketplace health insurance plan, you can contact a licensed insurance agent or broker. An insurance agent or broker can help you compare plans and choose the right plan for your needs.

Don’t wait until the last minute to renew your plan. Renew your plan today to avoid losing your health insurance coverage.