Are you covered by an Affordable Care Act health plan? Have you been through a major life change recently, such as moving, getting married, or changing jobs? Be sure to let the Health Insurance Marketplace know about these changes. Your coverage may be impacted by life changes. For instance, relocating may result in you having to switch plans. In addition, if your earnings decrease, you may be entitled to financial assistance to help you pay your premium.
The process of disclosing such changes through your Marketplace account is not complicated and pretty straightforward. For this purpose, you can make use of our Health Scout platform, a recognized HealthCare.gov partner. We provide you with nothing less than a simple, smooth procedure. You may use Health Scout to benefit from the knowledge and skills of our Consumer Advocate Team.
How to Modify the Coverage of Your Obamacare Health Insurance?
If you need to modify your Obamacare plan, then you need to update information in your Marketplace account. Updating your Marketplace account information through the Health Scout platform will make the whole process seamless and easier than when you do it on the HealthCare.gov site. Besides, you also have the Consumer Advocate Team’s support by your side.
If you’ve previously used Health Scout, you may log in here to retrieve your account information. If this is the first time you’ve used Health Scout, create an account by clicking here. The “Report a Life Change” section of your profile can then be updated to reflect your unique circumstances. The rest of the Marketplace application will be completed after that.
With your amended information, you may enroll in a new plan during the Open Enrollment Period immediately. The open enrollment period for most states runs from November 1 to December 15 each year.
No OEP? Then, if you qualify for a Special Enrollment Period, you’d be able to browse for and enroll in a new plan (SEP). You need to have an entitlement for a SEP and that is through a Qualifying Life Event, such as getting married, moving, or losing your health insurance.
Any questions or concerns you may have in mind about logging in to your Marketplace account via the Health Scout platform or when you need advice on the optimal Marketplace approach are welcome by calling our Consumer Advocate Team at (816) 608-7888.
Open Enrollment Period Renewal of Health Insurance Plan
If you seriously want to renew your health insurance during the Open Enrollment Period, the one thing you shouldn’t miss out on in preparing for Open Enrollment is your re-enrollment letters. You’ll receive two pieces of mail on November 1st. One of which will be sent to you by your insurance provider, and the other one will come from the Marketplace. You’ll need the information in both of these letters to make adjustments to your Obamacare plan for the new year.
If your health insurance company writes to you about the continuation of your current plan, the first thing you will find out is if your current plan is available again next year. You may be offered a similar or alternate plan, and your insurance company will let you know about it in this letter.
You will receive the letter if your plan for the new year has not changed. It includes information about any differences in copays, prescription drug coverage, and provider networks for the upcoming year. After the premium tax credit has been applied, you will be able to see what your monthly premiums will be for the new term. If you applied for Marketplace coverage, your subsidy amount was likely calculated using the information you provided. Information from additional public resources may also be taken into consideration.
Detailed information on the premium tax credit will be provided via your marketplace correspondence. Documents such as tax returns or details about your household’s income may be required. If you already have an application in place, you’ll receive information on how to make the necessary updates to ensure that you receive the correct savings and subsidies.
Keep both of these letters in a secure place since you’ll need them to re-enroll during the Open Enrollment Period.
Changing Health Insurance Policies During OEP
It is important to note, however, that if you do not make any changes to your Marketplace account, the system will automatically enroll you in your previous Obamacare plan. This only goes to show that logging in and updating your account is therefore important. You may begin logging in and making necessary changes to your account as early as November 1.
The first step is to log into your Health Scout account. After that, you will receive a prompt in your online application. This will make it possible for you to make necessary changes to your income and household information. After doing all that, you’ll be able to browse through the myriad of plans that are available to you. All of this information will be displayed, including premium rates and amounts after any relevant subsidies.
To make your comparison shopping easier, we recommend consulting our Consumer Advocate Team. Because every plan is unique, there are a wide range of possible cost savings and plan advantages to be found with each. With the assistance of the Consumer Advocate Team, you have a good chance of signing up only for the best Obamacare plan for you. Also, if you use Health Scout to re-register for Obamacare during the Open Enrollment Period, you’ll have an easier time re-registering.
Something About the Health Scout Team
To make your comparison shopping easier, we highly recommend that you enlist the help of our Consumer Advocate Team. Since every plan is unique, there are a wide range of possible cost savings and plan advantages to be found with each. With the assistance of the Consumer Advocate Team, you will have an elevated chance of signing up only for the best Obamacare plan for you. Also, if you use Health Scout to re-register for Obamacare during the Open Enrollment Period, you’ll have an easier time re-enrolling.