If you don’t update your application or change plans by December 15, 2015, you’ll probably be automatically re-enrolled in a plan for 2016. This way, you’ll stay covered starting January 1.
It’s a fallback, but it’s not your best choice.
If we automatically re-enroll you and you don’t update your application with income and household changes you expect for 2016, your premium tax credit may not be accurate. This means you may:
The letter you get from your health insurance company will say if you’ll be automatically enrolled. They’ll also tell you your 2016 premium, applying a premium tax credit that's based on your most current information.
Your premium tax credit is based on the most current income and household size information available. That may be the information on your 2015 application, or more recent information from other sources.
It's very important to update your application with the income and household changes you expect for 2016. It's the only way to be sure you’ll get the right tax credit for the year.
Important: You may still qualify for savings for 2016, even if you're re-enrolled without a premium tax credit. That's why it's critical to update your Marketplace application with your expected income and household information for 2016.
Insurance companies sometimes decide to change which health plans they offer in the Marketplace. This is a normal part of their business operations. Your health insurance company may have decided not to offer your particular plan through the Marketplace in 2016.
If so, we'll enroll you in a 2016 plan with similar pricing and coverage to your 2015 plan.
Note: An insurance company can't move you to a different plan based on your health or how much care you use. It can move you only if it's no longer offering the plan you had to anyone in your area.
You can accept the automatic enrollment in the similar plan or compare your options and change plans.
You can enroll in a different plan any time before January 31, 2016.
If your plan's prices and benefits no longer meet your needs, you can compare your options and change plans for 2016.
Insurance companies can't raise your premium or change your coverage based on your health or how much care you use. Learn more about how insurance companies set premiums.
If you haven't updated your application and confirmed your 2016 health plan selection by December 15, you'll get a notice from the Marketplace between December 16 and January 1. It will tell you you've been automatically enrolled and explain your options for updating and changing health insurance plans.
Just log into your Marketplace account as soon as possible and make the updates to your 2016 application.
When you update your expected income and household changes for 2016, you'll get updated eligibility results. Your premium tax credit and other savings may change. You could also qualify for different coverage.
Important: After you get updated eligibility results, you must finish the process and enroll in a plan – even if it's the one you already have. If you don't, your insurance company won't get your updated information.
You can change plans only until January 31, 2016. After then, you can't change plans for the rest of 2016 unless you qualify for a Special Enrollment Period.
Ready to obtain the right health insurance? Check your eligibility for free or low cost health insurance through the marketplace in 4 simple steps...