An individual & Family health insurance plan, is a health insurance plan that individuals purchase independently for themselves and are not tied to employment, meaning individuals can change jobs without losing coverage.
Individual health plans operate within a network of Providers. These networks include doctors, hospitals, pharmacies, and other healthcare Providers who have contracted with the insurance company to provide services at a contracted rate. It is important to check with your Provider’s office to check if they accept the plan that you want to enroll in.
There are important enrollment periods that need to be considered and they are subject to change per year.
- Open Enrollment: This is typically the main period when you can enroll in, renew, or change your health plan.
- November 1st: The start of the Open Enrollment period.
- December 15th: The deadline for enrollment to ensure coverage starts on January 1st.
- January 15th: The end of the Open Enrollment period, after which you can only enroll or change plans if you qualify for a Special Enrollment Period.
- Special Enrollment Period: If you experience a qualifying life event, such as losing health coverage, getting married, or having a baby, you may be eligible to enroll or change plans outside of the Open Enrollment period.
TIP: you should take time to review the following before enrolling.
- Consider your family's needs.
- Make note of the yearly open enrollment window.
- Review your coverage options.
- Check the premiums, copayments and deductibles.
- Check the provider networks.
- Consider Healthcare Savings Account (HSA) eligible plans.
Work with a Broker to guide you thru the process!
