Did you miss the open enrollment period? Well you might qualify for Special Enrollment Period. SEP is a time outside the yearly Open Enrollment Period when you can either modify your current plan or enroll in a new one. There are a few requirements that allow you to be eligible for special enrollment. You are eligible for the special enrollment for up to 60 days after the event. If you don’t enroll in the specified time period and you must wait until the next Open Enrollment.
What is Considered a Qualify Events:
- Loss of coverage
- Gaining/becoming dependent
- Gaining access to new plans due to permanent move to NJ
- Recently married or separated/divorced
- Lose eligibility for APTC or CSR
- Medicaid/NJ Family Care denial
- Experiencing domestic violence or the desertion of spouse and offspring
Just give Cosmo Insurance Agency a call today so we can help you review plans. We will simplify the process for you!
Cosmo Insurance Agency is a full-service independent insurance agency based in Hackensack (Bergen County) and Lakewood (Ocean County), New Jersey that offers an all-encompassing range of insurance options for both individuals and businesses. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating our knowledge of the insurance guidelines for healthcare, employee benefits, life insurance, self-insurance, dental, disability, and long term care insurance, we keep our clients up-to-date with affordable plans that cover all their specific insurance needs.