If you lose your health care coverage due to retirement, you qualify for a Special Enrollment Period. This means that you can apply for Marketplace insurance outside of the Open Enrollment Period. If you have recently lost your coverage or will soon, contact El-Mag Insurance to start searching for marketplace plans.
The Health Insurance Marketplace that allows individuals, families, and businesses to compare health insurance plans and get answers to any questions they have about health insurance. Using the Marketplace, you can shop for plans and discover what your options are. This can be difficult alone, as there are many plans offered in every area. To completely understand the plans that are available, you should consult with an insurance agent.
When you apply for Marketplace coverage, you may qualify for premium tax credits that allow you to save on your insurance policy. Whether you get premium tax credits or not depends on your income and the size of your household. If you don’t qualify for premium tax credits you can still enroll in Marketplace coverage, it will just cost more.