Want to change insurance carriers, plan designs or add family members or employees? You MUST do it during Open Enrollment periods. Once you’re enrolled in a policy you won’t be able to change again for one full year.
Medicare Open Enrollment for 2019: Will begin again in October (2018)
Obamacare / Marketplace / ACA Open Enrollment for 2019: Will begin again in November (2018)
In the event that you qualify for a special enrollment period (you move, get married, have a baby, adopt, change jobs, or lose coverage) you will have an opportunity to explore and enroll in a new plan at that time. Simply contact us for help getting started.
Why you might want to review your policy?
Choosing the right healthcare policy for you and your family can be very confusing. This year, many healthcare policies will offer very different coverage in 2019 than they did in 2018. In addition, the cost of insurance may be increasing. Fortunately, Transition Health Benefits makes switching policies simple.
Preparing for Open Enrollment
To prepare for Open Enrollment think about how you used your insurance plan this year and how that may change in the year ahead. Take into account any plan design changes your insurance carrier may have implemented. Consider too, if there have been any changes to the provider networks that your insurance company uses. This can impact your costs both in terms of the monthly premium and also your potential out of pocket costs.
There are really no special documents required for Open Enrollment. But keep in mind, if you and your family are eligible for a tax credit/subsidy, you will need to know what your Modified Adjusted Gross Income (MAGI) will be for the upcoming year. The Marketplace (Healthcare.gov) may require proof of income noted during the application process.
The Transition Health Benefits Advantage
You’ll benefit from dealing with experts who fully understand your concerns and have made health insurance their sole line of business. We take great pride in being the most knowledgeable people in this segment of the business. This means we can drastically simplify your shopping experience by explaining your options to you objectively, completely and expertly. And, since we’re independent, certified insurance brokers with years of experience - you you know that you can trust our advice.