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Retiree Well being Insurance coverage Choices |

Printed on June 30, 2016

Should you just lately retired and aren’t eligible for Medicare but, you could possibly get medical insurance via the Well being Insurance coverage Market®.

Whereas retiring from a job alone doesn’t qualify you for a

, shedding medical insurance does. Should you misplaced medical insurance whenever you retired, you will have 60 days to enroll in a well being plan outdoors Open Enrollment.

If you lose job-based insurance coverage chances are you’ll be provided COBRA continuation protection.

  • Should you determine to not take COBRA protection, you’ll be able to enroll in a Market plan as a substitute.
  • Should you’ve already began COBRA protection, you will have completely different choices.

If in case you have retiree medical insurance however need to purchase a Market plan as a substitute, you’ll be able to. However you received’t be capable to get

and different financial savings within the Market. Should you voluntarily drop your retiree well being protection, you don’t qualify for a Particular Enrollment Interval.

Apply with a Particular Enrollment Interval

Word: Shedding well being protection isn’t the one life occasion that qualifies you to enroll in a plan outdoors the Open Enrollment Interval. You might also be eligible when you’ve had different life modifications — like getting married, transferring, or adopting a baby.

Extra well being protection choices for retirees

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