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Make it easy to maintain marketplace coverage for years to come


published to June 30, 2014

We’re working to make it easier for you to maintain your current Marketplace coverage when you renew your health plan.

Here are seven things you should know about renewals and auto-enrollment.

  1. All 2014 Marketplace health plans will be renewed for 2015. Open enrollment for 2015 health insurance started through Marketplace on November 15, 2014.
  2. Your insurance company will send you updated premium and benefit information this fall.
  3. Review the 2015 changes to your plan to see if it still meets your needs. Call or visit the plan’s website to see if your doctor or other healthcare provider will be joining the plan network next year. .
  4. If you’re happy with your current plan and want to keep it, and if your income or household size hasn’t changed, you don’t need to do anything. Marketplace will automatically enroll you in the same plan for 2015.
  5. If your income or household size changes, Report it to Marketplace Receive an appropriate premium tax credit. If you do not update this information, the same premium tax credit you earned in 2014 will apply. If your income increases or your household size changes and you don’t report these changes to the Marketplace, you may owe money. When you file your tax returns at the end of 2015.
  6. If you want to change your plan, you can:
    • If you wish to continue with your current insurer, please select any other Marketplace Health Plan your company offers in your service area.
    • Select new health insurance from another insurer through the Marketplace.
    • Purchase a new private health plan outside the marketplace.Doing this will make you ineligible premium tax credit When Reduced cost sharing Offered through the Marketplace.
  7. In some cases, current marketplace plans may not be available in 2015. In that case, you will automatically be enrolled in a similar plan so that there are no gaps in your health coverage, unless you choose and enroll in a different plan. . Because the plan ends, Qualify for the Special Registration Period This allows you to enroll in the Individual plan outside of the open enrollment period.



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