Short Term health insurance for more than 91 days
If you miss the annual Open Enrollment period you can stay insured during the Nap Period (December 15 to November 1 of each year) by purchasing Short Term health insurance. Obama era regulations limit this kind of coverage to 91 days maximum. A+ rated Companion Life insurance company responded to these onerous regulations by creating consecutive short term policies. With Companion Life you qualify one time for up to four 91 day policies in a row. When your first policy expires you are automatically issued the next 91 day policy on a guaranteed issue basis with no health questions. Short Term policies are not PPACA qualified so they do not cover preexisting conditions, as such they are much less expensive. There is no network so you can use the plan at any doctor’s office or hospital. Click here to download the plan brochure and click the logo below for quotes. Contact us with questions.
Short Term health insurance for less than 91 days
If you need short term coverage for less than 91 days you can purchase coverage from United Healthcare which includes their Choice PPO network. To get quotes and apply click the link below.
Open & Special Enrollment periods for PPACA (Obamacare) qualified plans
After the 2018 ACA Open Enrollment period ends on December 15, 2017 you will be unable to purchase a PPACA (Obamacare) qualifed health plan again until the next open enrollment period begins again on November 1, 2018 unless you experience a Q.L.E. – “Qualifying Life Event” and as such qualify for an S.E.P. – “Special Enrollment Period”. Examples of QLE’s are losing employer sponsored health insurance, moving, getting married or divorced and having a baby or adopting a child. If you qualify for an S.E.P., you have up to 60 days following that event to enroll in an individual or family health insurance policy. If you miss that window, you have to wait until the 2018 ACA Open Enrollment period begins again on November 1, 2018 in which case your coverage will begin on January 1, 2019. You can however enroll in Medicaid or C.H.I.P. – Children’s Health Insurance Plan at any time of the year without a Qualifying Life Event if your income is low enough to qualify. Call us with questions at (630) 674-1551 or click here to email us.