As a result of the Affordable Care Act, health insurance companies can no longer deny individuals coverage for preexisting conditions. In other words, individuals are guaranteed coverage regardless of their health status.
If individuals could simply start and stop coverage whenever they wanted, many people would simply wait until they got sick or required expensive medical care before buying insurance. That is why the government has limited the time to purchase health insurance to 3 months out of the year.
If you experience a qualifying life event, however, you are allowed to purchase or change your health insurance up to 60 days after the trigger event. Here's a life of the events that enable you to do so:
- You or a dependent lose job-based coverage
- You get married, have a baby, or adopt
- You gain US citizenship
- Your income changes significantly, making you newly eligible (or ineligible) for subsidies
- You permanently move out of state and gain access to new plans
- You are or gain status as a Native American Indian
In order to get or change coverage, go through the same process as you normally would on Stride. On the application page, select your “Qualifying Event.” We’ll email you after your purchase with directions on how to supply your new insurance company with written proof of that event.