There would be a two - year
initial open enrollment period during which people with pre-existing conditions would be able to purchase coverage in the individual market.
Community Health Alliance enrolled less than 400 persons during
the initial Open Enrollment period, far short than original expectations.
Expect to pay a much higher premium rate, or purchase a policy at work during
an initial open enrollment period.
Not exact matches
Comment: We received one comment on establishing effective dates for employees enrolling in coverage during the
initial group
enrollment and the annual
open enrollment period.
The commenter supported our proposed provision because it establishes flexibility for State - based SHOPs to establish their own effective dates during the
initial and annual
open enrollment periods, including mid-month effective dates.
Coverage effective dates for
initial and annual
open enrollment periods for the FF - SHOP will be finalized as proposed to create a uniform
enrollment timeline.
This
initial eligibility
period probably doesn't coincide with
open enrollment because people are hired throughout the year.
Second, we propose to amend § 155.725 (h) so that SHOPs would need only to establish effective dates for employees enrolling in coverage during the
initial group
enrollment and the employee annual
open enrollment period, rather than for special
enrollment periods, because SHOPs must ensure that effective dates for employees enrolling during special
enrollment periods are consistent with the effective dates specified in § 155.420 (b).
Section 1311 (c)(6)(B) of the Affordable Care Act states that the Secretary is to set annual
open enrollment periods for Exchanges for calendar years after the
initial enrollment period.
At proposed paragraph (h)(2), we would also codify the effective dates for coverage in the Federally - facilitated SHOP for
enrollments during
initial and annual
open enrollment periods.
Once the 60 - day window ends, you no longer have an option to elect COBRA if you didn't already, and you no longer have an option to pick an individual market plan if you had opted initially for COBRA instead (you'd have a chance to switch to an individual market plan during the next
open enrollment period, which occurs annually each fall, but the option to elect COBRA disappears altogether once the
initial window ends).
This notice should come before your
initial Medicare part D eligibility
period and before each subsequent
open enrollment period.