When is Open enrollment for Blue Cross Blue Shield
Blue Cross Blue Shield is one of the largest health insurance companies in the country. Like all other health insurance companies, they would not allow you to buy or change an existing insurance coverage at any time of the year except you meet certain special circumstances. The open enrollment for Blue Cross Blue Shield is the period you are allowed to purchase new health coverage or change an existing one. You can buy the coverage either on the marketplace at healthcare.gov or from private companies.
The open enrollment for Blue Cross Blue Shield may vary from year to year. It is important to watch out for the enrollment period for the next insurance year in order to avoid a penalty. The 2018 open enrollment for Blue Cross Blue Shield has ended. Plans for the next year would be announced as follows:
• Medicare plans: Relevant information concerning the Medicare plans for the next year is usually released Oct 1st of every year. However, the Medicare open enrollment for Blue Cross Blue Shield has always been 15th October to 7th December. You should know that the Medicare open enrollment period affords you the opportunity to review and make necessary changes to your plans.
• Individual and family plans: Open enrollment for Blue Cross Blue Shield individual and family plans for 2019 starts in fall 2018.
• Employer plans: The human resources department of your company would give you information about the open enrollment period for employer plans.
What if I miss the open enrollment for Blue Cross Blue Shield?
If you miss the open enrollment, you may be allowed to enroll outside this period under special circumstances. Such special circumstances are known as qualifying life events and it is applicable for individual and family plans. The event may include marriage or divorce, loss of dependent status, job loss, childbirth or adoption, etc. You are expected to apply for the coverage within 60 days of the qualifying life event.
To avoid a tax penalty, you should update yourself on the open enrollment for Blue Cross Blue Shield for the coming insurance year. You may not be allowed to purchase health coverage outside this period if there’s no qualifying event. If you miss the open enrollment period, you can explore the feasibility of a short-term health insurance plan.
For more information please call Unifiedhealthmarket.com today at (800) 674-9103