Keep or change your insurance plan
Renew, change, update, or cancel your plan
If you have Marketplace coverage, you can renew, change, or update your plan during
. Outside of Open Enrollment, you can change plans if you qualify for a
.
Renew or change plans during Open Enrollment
Update your expected income and household information on your application for the year you're applying for coverage, so you get the right amount of savings. Then compare available plans and renew your current plan (if available) or enroll in a different one that meets your needs.
Marketplace savings are based on your expected estimated income for the year you're applying for coverage, not on past years. If you don't update your income and household information:Â
- You could qualify for more savings than youâre getting now.
- You could qualify for less savings and have to pay money back when you file your federal taxes.
Take action:
- By December 15: Update your information and enroll in a plan so your coverage with the correct savings starts January 1.
- If you don't act by December 15, you may be automatically re-enrolled for January 1 coverage â but you should update your information on your application to get the right amount of savings.
- In some cases, you won't be automatically re-enrolled. Enroll in a plan during Open Enrollment to keep Marketplace coverage for next year.
- By January 15: Open Enrollment ends. Update your information and enroll in a plan before the deadline for coverage to start February 1.
You'll get letters about your coverage for the new year
By November 1, you should get 2 letters â one from your current insurance company and one from the Marketplace.
Together they tell you:
- Whether your current plan is available for next year
- Which plan (if any) you're matched with and will be automatically re-enrolled in if you don't act by December 15
- Any changes in your coverage and cost savings
- If the Marketplace needs documents to confirm information on your application and how to send copies
Don't have your letters?
- For your insurance company letter, contact your plan.
- For your Marketplace letter, contact the Marketplace Call Center.
Compare plans
If your current plan isn't available next year, compare your current year's plan to the plan you're matched with and other available plans:
- New, more affordable plans may be available. Plans and prices change every year. Your situation may have changed, too.Â
- You may find plans with coverage and features that better meet your needs â especially if you had or expect income or household changes.
Update or change plans outside of Open Enrollment
You can change Marketplace plans if you qualify for a Special Enrollment Period based on your income or
. If you have a qualifying life event, update your application so you get the right amount of savings.
End your health plan any time
You can end your Marketplace coverage any time. You may need to do this if you get other health coverage, or for another reason.
You can end coverage for:
- Everyone on the application after your coverage has started. Your coverage can end as soon as the day you end it, or you can set your Marketplace coverage end date for a later day â like if you know your new coverage will start on the first day of the following month.
- Just some people on the application. In most cases, coverage ends immediately, but it might end on the last day of the month if other household members qualify for a Special Enrollment Period or if changes affect the amount of help you qualify for. Weâll confirm the exact end date once you finish updating your application.
If you end your Marketplace plan and donât have other health coverage:
- You may have to wait for the next Open Enrollment Period to enroll again, unless you qualify for a Special Enrollment Period.
- There are significant health and financial benefits to having health coverage â and risks if you donât. Nobody expects to get sick or hurt. But medical care without insurance is very expensive, so itâs important to have protection if the unexpected happens.
- Health coverage helps you get regular care, including free preventive services to keep you healthy. Learn about the benefits of health coverage.
More answers: Renew, change, or cancel your plan
You can enroll in a different plan during Open Enrollment. Log into your Marketplace account and update your application. Then, enroll in a plan that meets your needs.
- Enroll by December 15 in a new plan of your choice, for coverage to start January 1. Or, enroll by January 15 for coverage to start February 1.
- You must pay your first premium for coverage to start.
If youâre automatically re-enrolled into a plan during Open Enrollment, that coverage starts January 1.
- If you donât want that plan, you can still enroll in a different plan by December 15. If your automatic re-enrollment coverage started, you can still change plans until January 15 (when Open Enrollment ends).
- If you don't want Marketplace coverage for next year, you need to call us or log into your Marketplace account to stop coverage (or you'll be automatically re-enrolled).
Yes. But the only way to get a premium tax credit and other savings is to buy your plan through the Marketplace.
Plans inside and outside the Marketplace have similar basic features, but some plans outside the Marketplace have different costs and other important details. If you're looking at plans outside the Marketplace, compare them to plans in the Marketplace too.
Your premium tax credit is based on the most current information available about your estimated income for the coverage year youâre applying for, your household size, and plans available to you. If you donât update your income information with the Marketplace, weâll use the information we have from:
- Your most recent application
- Other sources, like the IRS
That's why it's so important to update your application with any expected income and household changes. It's the only way to be sure you'll get the right tax credit and cost savings.
Plan premiums may change too, so even if your income hasn't changed, your premium tax credit can be different.
There are several possible reasons. Even if youâre told you don't qualify for cost savings, update your most recent application, and if necessary, take the actions below. You may find out that you do qualify for financial help.
Possible reasons you've been told you may not qualify for a premium tax credit next year:
- Updated income information from the IRS may show that you don't qualify.
- You may need to send us information before you qualify for a premium tax credit on your most recent application. Your letter will provide instructions and deadline information.
- We may not have a record showing you previously filed a federal income tax return to  the premium tax credit you used before. If you don't file a tax return and reconcile using Form-8962 for years you use the premium tax credit, we can't continue to offer you one.
- When you filled out your Marketplace application, you may not have allowed the Marketplace to use your updated tax information automatically for future years. This means we canât confirm your eligibility for financial assistance until you update your application so we can determine your eligibility for this year.
If your insurance company letter says they aren't offering your plan or a similar plan for the new year, you'll be matched with an alternate plan. During Open Enrollment, update your Marketplace application and review all plans available to you. When asked if you're losing coverage, include that you're losing your health coverage on December 31.
You can change plans by January 15 (the end of Open Enrollment), even if you're automatically re-enrolled.
If you have questions about your plan's availability, call your current health insurance company.
Weâll automatically re-enroll you in a plan, if you:
- Have Marketplace coverage in December and
- Donât take any action to choose a plan or stop your coverage by December 15.
We may re-enroll you in the same plan you have now or a different plan with your same insurance company. If your company isn't offering plans for next year, we'll re-enroll you in a plan with a different insurance company. In some cases, we may automatically move you to a
category if you qualify for
. This way, you can take advantage of those savings.
Your plan doesn't start until you pay your first monthly premium.
All Marketplace plans for this year end December 31, no matter when you enrolled.
If you donât enroll November 1 â January 15, you can't enroll in a Marketplace plan unless you qualify for aÂ
Once youâre enrolled in a plan, youâll pay your first premium to the insurance company. Insurance companies handle payments differently. Follow the instructions from your insurance company about how and when to make your payment. You may be able to pay online.