How do qualifying life events affect health insurance coverage?
Qualifying life events can affect your health insurance coverage in a few different ways. First, if you experience a qualifying life event, you may be eligible for a special enrollment period to sign up for health insurance or make changes to your existing coverage. This means you can enroll in a new plan or make changes to your current plan outside of the regular open enrollment period. Additionally, some qualifying life events may allow you to qualify for financial assistance to help pay for your health insurance premiums. It’s important to understand the rules and deadlines for these special enrollment periods to ensure you have the coverage you need.