I Missed Medicare Open Enrollment! What can I do?
Life happens, we understand that. So, let’s say you, unfortunately, missed open enrollment for Medicare in 2022. The first thing we’re gong to tell you is — don’t panic! You don’t have to wait until next year’s open enrollment to acquire some kind of coverage — it all depends on your situation and individual circumstances. Even if your coverage options are limited, we can help you minimize the financial risk you’re exposed to as a result of being uninsured.
Check If You Qualify for Special Enrollment
Certain life events can qualify you for a special enrollment period, which is a period of time (usually 60 days) during which you can purchase coverage, even if it’s outside the normal open enrollment period. Here are a few examples of qualifying life events:
**Note that the following are NOT considered to be qualifying life events:
- Being diagnosed with an illness or getting sick;
- Getting pregnant (although, you can get coverage after you give birth);
- Losing your coverage because you failed to pay your premiums; or
- Voluntarily electing to drop your existing health coverage.
Becoming eligible for Medicaid, or being denied after applying for Medicaid during the open enrollment period.
Another option is to consider a short-term health insurance plan. Short-term plans provide a viable solution if you expect a gap in coverage between now and the next open enrollment period. STM plans provide consumers with an affordable way to pay for health insurance for a brief period of time. Most STM plans run for 30-364 days, however, some plans can be purchased for up to 3 years!
Questions? We’re here to help you! Give us a call today — our agents are ready and waiting to help!