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Open Enrollment Has Opened

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Don’t miss the deadline to sign up for health insurance through open enrollment.

Open enrollment is here! Open enrollment opened on November 1st and the deadline to sign up for a health insurance policy is January 31st. Open enrollment is the only time that you will have the chance to sign up for a health insurance plan, unless you have a qualifying life event. Along with the start and end dates of open enrollment, there are many other dates that you should mark on your calendar, including:

  • December 15, 2015 – the last day that you can enroll in a new plan or make changes to your policy in order for your coverage to start on January 1, 2016.
  • January 1, 2016 – the day that your coverage can start if you enrolled in a new policy by December 15th.
  • January 15, 2016 – the last day to enroll in a plan or make any changes in order for your coverage to start on February 1, 2016.

Any changes that you make to your policy or if you enroll in a policy between January 16th and January 31st will take effect on March 1, 2016.

Keep in mind that you can enroll in Medicaid or the Children’s Health Insurance Program (CHIP) at any point throughout the year.

If you have a qualifying life event, you can enroll in a health insurance policy outside of the open enrollment period. Common qualifying life events including having a baby, getting married, or moving to a state that does not offer the health insurance that you are currently enrolled in. Talk with your insurance agent to find out if you qualify for a special enrollment period with a qualifying life event.

For all of your Conejo Valley health insurance needs to ensure that you meet the health insurance deadline, contact Cappuccino Insurance Agency in Westlake Village, California.

Open Enrollment is Open!

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Have you signed up for your health care coverage for 2015 yet? If you have not, make sure to sign up before the Open Enrollment period ends on February 15, 2015. If you do not sign up for a new health insurance plan, you will face more expensive fines than ever before and will not be able to sign up until the next Open Enrollment period. If you do not sign up for health insurance, you will be fined 2 percent of your yearly household income, or $325 per person for the year, whichever is more expensive.

The only way that you can sign up for health insurance outside of the Open Enrollment period is if you qualify for a Special Enrollment period. Some of the most common qualifying life events include:

  • Getting married or getting divorced.
  • Moving your permanent residence to a different state that does not offer the same health insurance that you previously had.
  • Having a baby, adopting a child, or putting a child up for adoption.
  • Having a change in your household income status that changes your eligibility for cost sharing reductions of tax credits.
  • Gaining status as a member of a federally recognized shareholder or tribe in an Alaska Native Claims Settlement Act Corporation. If you are a member of a federally recognized Indian tribe, you can change your plan or enroll in a new plan once a month throughout the year.
  • If you lost your health insurance because you lost your job, aged off of your parent’s health insurance plan, lost your eligibility for CHIP or Medicaid, or any other similar circumstance.

For all of your health insurance needs throughout the Conejo Valley, contact the insurance professionals at Cappuccino Insurance Agency in Westlake Village, California.