Open enrollment is the period each year when individuals can sign up for health insurance or make changes to their existing health coverage. Knowing when open enrollment occurs and how to take advantage of it is key for getting health insurance or switching to a better plan. Here’s what to know about open enrollment for 2023 health plans.
Open enrollment is a defined period for individuals to shop for and enroll in health insurance. Outside of open enrollment, your options for getting new health coverage are very limited unless you qualify for a Special Enrollment Period due to certain life events like losing your job, getting married, or having a baby.
During open enrollment, you can:
- Sign up for health insurance if you don’t currently have coverage
- Change to a different health insurance plan, either with your current insurer or a new company
- Add or remove family members from your existing health plan
Any changes made during open enrollment will go into effect on January 1st of the upcoming year.
The open enrollment period for 2023 health plans runs from November 1, 2022 through January 15, 2023. This is the time frame in which you can shop for new insurance or make changes to existing coverage that will start on January 1, 2023.
Some key dates for 2023 open enrollment:
- November 1, 2022 – First day you can enroll in or change 2023 health plans
- December 15, 2022 – Last day to enroll in or change plans for coverage starting January 1, 2023
- January 15, 2023 – Final day of open enrollment period
- January 1, 2023 – 2023 health coverage begins for those who enrolled by December 15
So in summary, open enrollment spans November 1, 2022 to January 15, 2023, but you must enroll by December 15 for new coverage to be effective on January 1, 2023.
There are several options for enrolling in health insurance during open enrollment:
1-Health Insurance Marketplaces
Marketplaces like HealthCare.gov allow you to compare and shop for health plans, determine eligibility for subsidies, and enroll all in one place online. This is often the best option for individuals purchasing their own insurance.
2-Directly Through Insurance Companies
You may also enroll directly through health insurance providers like Blue Cross Blue Shield, UnitedHealthcare, etc. This could make sense if you’re happy with your current insurer.
3-Through an Insurance Broker
Brokers can help you compare and understand health plan options from multiple carriers. They may also assist with the application and enrollment process.
4-Through Your Employer
If your employer offers health benefits, open enrollment is the time to review your plan options for the upcoming year and make changes as needed. Check with your employer for specific open enrollment dates.
No matter how you choose to enroll, just be sure to do so between November 1 and December 15 for 2023 coverage to start on time.
Open enrollment offers the chance to re-evaluate your health coverage and make changes for the coming year. Here are some actions to consider:
- Enroll for the first time – If you currently don’t have health insurance, open enrollment allows you the opportunity to get covered.
- Change insurance companies – Disappointed with your current provider? Open enrollment makes it easy to find a new insurer.
- Switch to a different plan – You may find a plan with better rates or coverage that saves you money.
- Add or remove dependents – You can add a spouse, domestic partner, or child onto your health plan or remove dependents that no longer require your coverage.
- Review prescription drug coverage – Make sure your medications will still be covered in the new year and that your costs will remain affordable.
- Consider different deductibles – You may want to increase or decrease your deductible for the upcoming year based on expected healthcare costs.
- Cancel coverage – If you secured health insurance elsewhere, you can cancel an existing health plan during open enrollment.
Don’t miss open enrollment if you need secure health coverage for 2023 or want to make adjustments to better meet your healthcare and budget needs for the coming year.
Follow these tips to make sure you use open enrollment to maximize your health coverage:
- Check key dates – Note important deadlines for enrolling and when new coverage takes effect. Enroll early on to avoid issues.
- Review plan options – Check for new plans from your current insurer or shop around to compare plans across companies.
- Seek assistance – Work with a health insurance broker or contact marketplace navigators if you need help understanding and comparing plans.
- Coordinate with your doctors – Make sure any new health plan includes your current healthcare providers in-network to maintain care.
- Update info if auto-enrolled – If automatically enrolled in the same or similar plan, update your info to ensure you get the right coverage and subsidies.
- Consider all costs – Look beyond just the premiums and deductibles; factor in total out-of-pocket costs based on your healthcare needs.
- Check prescription coverage – If you regularly take medication, confirm your drugs are covered under selected plans to avoid issues.
- Add dental/vision – Many plans allow you to enroll in dental and vision too for additional coverage.
Using open enrollment strategically allows you to get the optimal health insurance for your situation in 2023. Do your research and don’t hesitate to ask questions – being informed is key to making the right plan decisions during this period.
Open enrollment for 2023 health coverage runs from November 1, 2022 to January 15, 2023 in most states. This is the opportunity to enroll in a new health plan or make changes to your existing coverage that will take effect on January 1st.
Be sure to shop for plans, compare costs and coverage, and enroll by the December 15 deadline for new insurance to start on January 1. Actively using open enrollment ensures you find an affordable health plan that provides sufficient coverage to meet your healthcare needs for 2023.Home