Important Dates to Know
AAA
  1. 5 Things You Should Know About The New Health Insurance Marketplace
  2. All Marketplace plans must cover Essential Health Benefits
  3. If you can afford it, you will need minimum essential coverage
  4. Important Dates to Know
Important Dates to Know

Important Dates to Know

5. Important Dates to Know

There are three important dates to know for the Health Insurance Marketplace:

  • October 1, 2013 – Marketplace open enrollment begins
  • January 1, 2014 – Health coverage can begin
  • March 31, 2014 – Open enrollment ends

After open enrollment ends on March 31, 2014, you won’t be able to get Marketplace coverage until the next annual enrollment period unless have a qualifying event, such as a divorce, marriage or baby.

If you qualify for Medicaid or the Children’s Health Insurance Program (CHIP), you can apply now and your coverage can begin immediately. You can find out if you qualify for either program on the Marketplace website at www.healthcare.gov (use the website search box to search for “Medicaid” and “CHIP”).

The Bottom Line

Most people will be eligible to purchase health coverage through the Health Insurance Marketplace. In order to qualify, you must:

  • Live in the United States
  • Be a U.S. citizen or national
  • Not be currently incarcerated

If you are a U.S. citizen living abroad, you are not required to have coverage under the Affordable Care Act, and you won’t have to pay the fee for being without insurance.

To find additional information regarding the new Health Insurance Marketplace, as well as state-specific information and how to apply in your state:


  1. 5 Things You Should Know About The New Health Insurance Marketplace
  2. All Marketplace plans must cover Essential Health Benefits
  3. If you can afford it, you will need minimum essential coverage
  4. Important Dates to Know
Important Dates to Know
RELATED TERMS
  1. Noncancellable Insurance Policy

    A life or disability insurance policy that an insurance company ...
  2. Concurrent Periods

    A period of time in which more than one injury or disability ...
  3. Member Month

    The number of individuals participating in an insurance plan ...
  4. Premium Balance

    The amount of premium that is owed to an insurer for a policy, ...
  5. Pre-Existing Condition Exclusion Period

    A health insurance benefit provision that places limits on benefits ...
  6. Net Premiums Written To Policyholder Surplus

    A ratio of an insurance company’s gross premiums written less ...
  1. How does the grace period work on my Flexible Spending Account (FSA)?

    Learn how the grace period works on a flexible spending account so you can take full advantage of your annual pretax contributions.
  2. What are the tax implications of a life insurance policy loan?

    Learn the instances in which you are required to pay taxes on a life insurance policy loan, so you can avoid making a costly ...
  3. What is a collateral assignment of life insurance?

    Learn about collateral assignment of life insurance so you can make a wise decision about what kind of collateral to use ...
  4. What are the tax implications of a life insurance policy loan?

    Learn the instances in which you are required to pay taxes on a life insurance policy loan, so you can avoid making a costly ...
Related Tutorials
  1. No results found.
Trading Center