2024 Open enrollment is available during November 1st to December 15th. During this time you are able to sign up for an affordable healthcare plan. If you sign up during the open enrollment period now, your coverage will begin on January 1st, 2024.
However, you are still able to enroll from December 16th to January 15th if you have a life-changing event. If you qualify for a life-changing event your coverage will begin on February 1st, you are able to check if you qualify through HealthCare.gov here.
Below Jones & Swanson will give you the steps that are needed to enroll in one of the marketplace plans.
Before the Application
Go to Healthcare.gov
- Log in or sign up
- If you are using an agent, broker or assister they will be able to guide you through the following sections.
You can choose between the 3 options while filling out your application.
- Check for all savings options (recommended).
- Continue without checking for savings options.
- Help me decide.
It is recommended to have the website check for savings options that you may be eligible for to help lower your premiums (monthly payments).
If you choose the recommended option, you will then be taken to a page called ‘Tell us about yourself.’
- Enter your personal information.
- Whether you have a partner/dependents/parents.
- Tax relationships if you will be filing for that year.
Following that page, optional questions on improving healthcare access are asked to benefit future applicants, these do NOT affect your eligibility.
The website will then ask you to provide income information (This may not be needed if the information was listed before). Please have prepared:
- Pay stubs.
- Personal records of income from a person’s own business or from other self-employment, like delivery or ride services.
- Last year’s tax returns, if income for this year will likely be about the same.
The website will then go into detail asking if you have a Health Reimbursement Account(HRA). This is an employer-paid plan that reimburses money back to employees for premiums or certain medical costs. You may select if you have this or not and provide employer information.
The next step will take you to your tax credit page to see if you are eligible for lower monthly premiums in subject to the following:
- Expected yearly income.
- Where you live.
- Tax household size.
If the previously listed items change over the year, your tax credit may fluctuate. In that situation, you may have to pay back that amount during the next time you file your federal taxes if you don’t qualify.
Decide if you want to use the full tax credit, some in a specific numeric amount, or none of it.
- If your expected income is higher than what is listed, it is recommend to only take a partial amount of this tax credit.
Sign and submit.
Following your completion you will be shown your final eligibility notice.
- You must open and read the provided PDF to move on.
Finding a plan
Once completed you will be brought to a page to discuss your level of care needed.
After selected you are brought to the marketplace where you may choose a plan.
- Pop-ups with quick definitions will appear (this makes it easier to understand keywords and terminology), and an easy-to-find filter system is provided.
From here you need to pick a health care plan that best fits your needs based on certain benefits over others. Read through and compare.
There are three levels of marketplace plans:
For the three types provided, all are based on deductibles and premiums. The higher levels you select, the lower your deductibles are but the higher your premiums will be, and vice versa. We recommend aiming for a plan with a lower deductible over a lower premium as your costs related to unprecedented medical bills would be much higher than an expensive premium.
Enroll in plan
Once you’ve enrolled you can add a dental plan if you feel it’s needed.
You MUST finalize and make the first payment by January 1st, 2024.
You can check out the Office of Commissioner of Insurance and Safety Fire to clear up any questions you might have before and after enrolling.
If you’re still having trouble you can find a local assister. They are an unbiased helper who is willing to help you find a health care plan that is best fit for your needs and wants. Brokers and agents are typically affiliated with a brand as they may be paid by them.
Missed Open Enrollment?
The initial period is from November 1st to December 15th for coverage to begin January 1st, 2024. If you register from December 15th to January 15th, 2024, your coverage will begin February 1st, 2024.
If you were not able to sign up during open enrollment and didn’t qualify for the special enrollment period, you will not be able to enroll with Healthcare.gov. It is important to be ready at the end of 2024 for open enrollment so you can have affordable health insurance for 2025.
Why you should use healthcare.gov
Heathcare.gov makes insurance affordable for everyone. They have some of the lowest prices for health care insurance. Customers who went on healthcare.gov to select a plan paid up to 38% less than people who just renewed their recent plan (cbpp.org).
Jones & Swanson is not affiliated with any one health insurance company. Our services focus solely on personal injury cases and we do not endorse, promote or associate with any specific brand.