Sentences with phrase «aca special enrollment period»

The law would also allow insurers to stop paying commissions for individual coverage sold during an ACA special enrollment period.

Not exact matches

To be clear, short - term plans are not as good as the ACA - regulated policies that you can purchase during open enrollment or during a special enrollment period.

Although loss of existing minimum essential coverage is a qualifying event that triggers a special open enrollment period for ACA - compliant plans, short - term policies are not considered minimum essential coverage, so the loss of short - term coverage is not a qualifying event.

The special enrollment period triggered by loss of coverage begins 60 days before your existing plan's termination date, so it's possible to get a new ACA - compliant plan without any gap in coverage.

There are a variety of reasons for this, including the fact that the ACA's individual mandate penalty is not particularly enforceable, and the fact that special enrollment period eligibility has been somewhat lax; there's no single reason for the lower - than - expected number of healthy enrollees.

If you buy your own health insurance and have an ACA - compliant plan — as opposed to something like a short - term health insurance policy or a limited benefit plan — you are also subject to open enrollment, as coverage is only available for purchase during that time (or during a special enrollment period if you have a qualifying event later in the year).

During Open Enrollment or a Special Enrollment period, all plans currently sold in the marketplaces must accept your application without regard to your current or previous health conditions and without any pre-existing condition waiting periods as stipulated in Federal law under the ACA.

So the ACA included two provisions to prevent this: The individual mandate that penalizes people who choose to go without insurance, and the limited open enrollment windows and special enrollment periods (i.e., you can't just enroll anytime you like).

The event that is causing you to lose access to your employer - sponsored plan will also trigger a time - limited special enrollment period on your Affordable Care Act health insurance exchange (or for an ACA - compliant plan offered outside the exchange).

All of those bills are aimed at specific provisions of the ACA, or the ways in which the law has been implemented via subsequent regulations (for example, HHS was tasked with establishing the specific requirements and details for special enrollment periods, and initially opted to use the honor system rather than requiring proof of qualifying events).