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Can I Change My Health Insurance Plan After I Enroll?

Can I Change My Health Insurance Plan After I Enroll?

Posted Jan 11, 2016 by Jenifer Dorsey


We are nearing the end of 2016 Obamacare open enrollment. By now, it’s likely you’ve made a decision about your health insurance coverage for this new year.

Maybe you kept the same plan you had in 2015. Maybe you switched to a different one. Maybe you are having second thoughts about your selection now that we are on the other side of the holiday season.

The good news is you’re not stuck with the coverage you have right now. You still have time to change health insurance plans for 2016. If you think you might, here are three important things to keep in mind:

  1. You can change health insurance plans during 2016 open enrollment. You can still pick a different Obamacare plan after you have enrolled in or automatically renewed one, even if your coverage started on Jan. 1, 2016.
  1. You must make the switch by the time open enrollment ends on Jan. 31, 2016. After this date, you will need to qualify for a special enrollment period in order to change your Obamacare health insurance plan before 2017 open enrollment.
  1. If you enroll in a different plan by Jan. 15, 2016, your new coverage will become effective Feb. 1, 2016. If you enroll after Jan. 15, your new coverage will not be effective until March 1, 2016.
How to change Obamacare plans during 2016 open enrollment

If you want to switch your health insurance coverage before 2016 open enrollment ends, you will need to take some steps to do it properly.

If you enrolled in coverage through a state-based or federally facilitated health insurance exchange, you will need to[1]:

  1. Log in to your health insurance exchange account.
  2. Update your application, if necessary.
  3. Select a different plan.
  4. Complete your new enrollment.

Your old health insurance plan should be automatically cancelled, but it never hurts to call your health insurance company to confirm.

If you enrolled in coverage outside of a state-based or federally facilitated exchange and want to switch, you will need to:

  1. Enroll in a new health insurance plan through a website such as healthedeals.com, directly from a carrier (i.e., health insurance company), or through a producer (i.e., agent or broker)
  2. Call your old health insurance company to cancel your existing plan

If you have questions about changing Obamacare plans during open enrollment, need assistance with the process or want to explore additional options, contact an exchange-based helper or a health insurance producer who can provide guidance.

Explore off-exchange Obamacare options

Call 888-839-7679 to speak with an IHC representative who can assist you.





[1] HealthCare.gov. “Changing Health Plans After You Enroll.” https://www.healthcare.gov/apply-and-enroll/change-after-enrolling/

This document is for general informational purposes only. While we have attempted to provide current and accurate information, this information is provided "as is" and we makes no representations or warranties regarding its accuracy or completeness. The information provided should not be construed as legal or tax advice or as a recommendation of any kind. External users should seek professional advice from their own attorneys and tax and benefit plan advisers with respect to their individual circumstances and needs.

About The IHC Group
The IHC Group is an organization of insurance carriers and marketing and administrative affiliates that has been providing life, health, disability, medical stop-loss and specialty insurance solutions to groups and individuals for over30 years. Members of The IHC Group include Independence Holding Company (NYSE:IHC), American IndependenceCorp. (NASDAQ: AMIC), Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company. Each insurance carrier in The IHC Group has a financial strength rating of A- (Excellent) from A.M. Best Company, Inc., a widely recognized rating agency that rates insurance companies on their relative financial strength and ability to meet policyholder obligations. (An A++ rating from A.M. Best is its highest rating.) Collectively, the companies in The IHC Group provide insurance coverage to more than one million individuals and groups. For more information about The IHC Group, visit www.ihcgroup.com.

About IHC Specialty Benefits, Inc.
IHC Specialty Benefits, doing business as Health eDeals Insurance Solutions is a full-service marketing and distribution company that focuses on small employer, individual and consumer products. Health eDeals markets products through general agents online, telebrokerage, advisor centers, private label and directly to consumers. For more information about Health eDeals visit www.HealtheDeals.com.