If you want to buy a health insurance policy, you can’t simply enroll in one. There are certain dates issued for the enrollment period. The open enrollment period for health insurance may seem less important to you, however, there are people who suffer from lots of leg and paperwork because they miss the open enrollment periods.
Open enrollment periods may be different based on the plans, people’s jobs, and the health insurer’s policies. Medicaid or the Children’s Health Insurance does not have a specific open enrollment period because you can apply and enroll in both at any time of the year.
If you want a specific health insurance plan, you can get it only when it’s the open enrollment period. You can also enroll in a Medicare Advantage Plan between the period 3 months before you turn 65 and 3 months after that.
According to healthcare.gov, If you don’t act by December 15, you can’t get 20021 coverage unless you qualify for a Special Enrollment Period. There are also SEP, stands for Special Enrollment Period, the time outside the yearly OEP when you can apply and enroll in a health insurance plan. If you miss Special Enrollment Period, this time you will have to wait until the next Open Enrollment Period to apply and enroll.
Unexpected incidents, health coverage loss, getting married, having a baby, or adopting a child are considered acceptable excuses for the Special Enrollment Period eligibility
You can still enroll in Medicaid or the Children’s Health Insurance Program whether you’re eligible for a Special Enrollment Period or not.
If your future plan is job-based, you can benefit from its special enrollment period if you encounter some unexpected life events like those we mentioned above.