The open enrollment period for 2019 health insurance under the Affordable Care Act (ACA) is from November 1, 2018 to December 15, 2018. Even if you’re keeping a current insurance plan that you purchased through the Exchange in your state, you should still report major life changes to the Exchange. Changes that should be reported include:
– Increase or decrease in family size, including children turning 26 so they can no longer be covered on your health insurance plan
– Change in tax filing status (single, married filing jointly, married filing separately)
– Change in income, including an expected increase or decrease in 2019
– Change of address (If you moved to a different state, you will need to re-apply for coverage.)
– Anyone in your household gaining or losing access to health insurance plans offered by an employer (whether or not they signed up for one of those plans)
You should also report these and similar changes to your state Exchange if they occur at any time during 2019.
Any changes reported may affect the amount of your Advanced Premium Tax Credit (APTC), and therefore the monthly insurance premiums. Not reporting life changes may result in losing your eligibility for the APTC.