The 2021 Open Enrollment for coverage through Health Insurance Marketplace runs from November 1st to December 15th. If you miss this deadline, you won’t be able to get health coverage unless you qualify for the Special Enrollment Period. Also known as SEP, allows those who lost their health insurance at some point of the year due to certain life events to get coverage.
In short, there are four main events that can make you qualify for the Special Enrollment Period for getting coverage in 2021. These are:
- Having a Child
Each of these certain life events can qualify you for the Special Enrollment Period.
If someone in your Health Insurance Marketplace coverage dies and you lose your coverage, you qualify for the Special Enrollment Period. Upon losing your coverage, you can get coverage through Marketplace for yourself and for anyone that is affected by this event.
Having a Child
If you had a child, congratulations! Since your newborn will need to get coverage, you will qualify for getting additional coverage for your child and yourself. You aren’t required to get coverage only for your child since there will be plans for families that are going to be more affordable. Also, you can qualify for SEP not only for having a child of your own but for adopting a child or placing a child in fostercare.
Again, congratulations if you’ve recently got married. While you will qualify for getting coverage through the Marketplace, you must hurry. You will have 30 days to get health coverage through the Marketplace. If you pick a plan this month, your coverage will start automatically on the first day of the next month.
Under certain circumstances, divorce and legal separation qualify individuals for the Special Enrollment Period. However, for you to qualify for the SEP, you must lose your coverage. If you divorced but kept your coverage, you won’t be able to get coverage and will have to keep the existing one.
These are the four events that can result in losing your insurance, thus, qualifying you for the Special Enrollment Period for getting coverage for 2021.