Affordable Care Act Open Enrollment

Open enrollment for 2019 under the Affordable Care Act (ACA) begins November 1, 2019, and ends December 15, 2019.

What It Is

Open enrollment is the annual time when individuals may buy health plans through the state’s online health insurance exchanges. If you enroll during this time, coverage begins January 1, 2020. If you miss this important window, you cannot buy coverage from the “Marketplace” until the next open enrollment period, during late 2020. While individuals can use the government website to enroll, a trusted insurance agent makes navigating the process easier.

How It Works

In the past, a tax penalty applied to Americans without health insurance. The current administration eliminated that penalty for 2019. If you were uninsured in 2018, however, you have to pay in 2019: $695 for adults and $347.50 for children, or 2 percent of your yearly income, whichever is greater.

In 2017 and previously, open enrollment ran 92 days, through January 31. Buyers had more time to research coverage and enroll. That changed in 2018, with the open enrollment period decreasing to 45 days.

While the window is tight for open enrollment, certain circumstances such as a job loss or a loss of coverage because of divorce can qualify you for a Special Enrollment Period of 60 days.

How We Can Help

Rather than going it alone on the government website, use our agency to help you find a plan that meets your needs. Copays, deductibles, and coinsurance amounts vary by plan, so working with a professional can help you decide which plan is best for you and your family.

Choosing health care insurance is one of the most important decisions you can make in your financial planning, so don’t go it alone. Contact our office to help guide you through the plans, which range from Bronze to Silver, Gold, and Platinum.

As open enrollment nears, we often receive a number of phone calls for assistance. Be proactive and contact us a few weeks prior to open enrollment to discuss your options, so you have plenty of time to choose a plan and enroll.