Changing Your Coverage During Open Enrollment

Each year, consumers who buy health insurance in an Exchange Marketplace can pick a new health insurance plan during the Open Enrollment period. If you are enrolled in a Marketplace health insurance plan that will no longer be available in 2017, you may be matched to a similar health plan offered by a different insurance company. If you don’t pick a new plan on HealthCare.gov on your own, the Marketplace will match you to a similar health plan offered by a different issuer.

To ensure you receive the correct amount of financial assistance, it is important to return to HealthCare.gov to make sure that information about your 2017 household and income are up to date. You should also compare the plan you were matched to with other health plans available in your area and make sure that your doctors and prescription drugs are covered before selecting a plan. If you don’t select a plan before the deadline, you will be automatically enrolled in the plan you were matched to by the Marketplace for January 1 coverage.

Here are some key dates to keep in mind:

October

Your health insurance company will send a notice letting you know if your current coverage will not be available in 2017.

Before November 1

The Marketplace will send an Open Enrollment notice informing you that you may be matched to a similar, alternate plan.

November 1

Open Enrollment begins. You can update your 2017 application on HealthCare.gov and review the plans available in your area. To review the 2017 health plan you were matched to, see the “Current or Alternate Plan” under your plan results. Update your application and confirm your plan selection by December 15 for January 1 coverage.

Mid-November

If you haven’t already selected a new plan on HealthCare.gov, a Marketplace notice like this will identify the name of the new health plan that each person in your household will be matched to.

Late November/Early December

The plan you were matched to will send information on your 2017 benefits, updated financial assistance (if applicable), and monthly premium. You will also receive a billing statement for January coverage. If you have questions about the plan you were matched to, like whether your doctor or prescription drugs are covered, contact your new health plan or the Marketplace. You can also return to HealthCare.gov to see all the plans available in your area or select a different plan.

December 15

Update your application and confirm your plan selection by December 15 for January 1 coverage. You can choose a different plan until January 31, 2017. However, if you wait to select a plan or update your application, your updated financial assistance and new health plan may not begin until February 1 or March 1.

Remember:

Pay the January premium by your new health plan’s deadline to have coverage on January 1. Your coverage will not start until you make your first premium payment. You can learn more about this process and how your coverage may be impacted on HealthCare.gov.