Insureous mother and child

It’s Open Enrollment for Health Insurance? Should You Be Shopping?

The Affordable Care Act (ACA) makes sure that every qualified American has the chance to purchase reasonably priced health insurance for themselves and their family once a year. Known as the “Open Enrollment Period,” it runs from November 1 through January 15 in most states this year.

Insureous can help you find a plan and you may be surprised at the premium. If you qualify for a subsidy, you may pay as little as $10 a month for the least expensive plans.

One caveat: if your company offers you health insurance that complies with the ACA and you decide to decline it in favor of buying your own ACA plan, you typically won’t be eligible for any subsidies and will have to pay the full cost of your monthly premiums. Therefore, unless your employer insurance costs more than 9.61% of your household income, if you have access to health insurance coverage through your job, we advise you to purchase it rather than the Marketplace.

In most states, the open enrollment period for 2022 runs from November 1 to January 15, 2022. Enrollments made between December 16 and January 15 will start on February 1, 2022, while those made between December 16 and December 15 will start on January 1, 2022.

Anyone who qualifies may sign up for a Marketplace health plan during the Open Enrollment Period. Otherwise, you’ll need a Qualifying Life Event (QLE). Qualifying events include losing your health coverage, giving birth to a child, getting married, or another change in household size or health coverage.

Insureous agents can help you choose the best plan for you. We have access to all of the same plans and at the same prices as on healthcare.gov, the government’s enrollment site. We start by gathering your profile information, who will apply for coverage, your estimated income to determine your subsidy, your preferred doctors and any prescriptions you take. We then do the search to land on the best plan for your situation and needs. The entire process should only take about 15-20 minutes.

Call us at 904-295-8498 or email us to set up an appointment.