Suppose you have recently lost your Medicaid coverage. In that case, you may wonder about your options for obtaining new health insurance. Losing Medicaid coverage can be a stressful and uncertain time. Still, there are several steps you can take to ensure that you and your family are covered. This blog will discuss how to get health insurance after losing Medicaid. Songer Benefits can Help you navigate all of these options; call us today at 304-252-2158
Check for Special Enrollment Periods (SEP)
If you’ve lost Medicaid coverage, you may qualify for a particular enrollment period (SEP) in the health insurance marketplace. A SEP allows you to enroll in a new health insurance plan outside of the regular enrollment period. Generally, SEPs are available to individuals who have experienced certain life events, such as losing Medicaid coverage. You can visit healthcare.gov or your state’s health insurance marketplace website to check if you qualify for a SEP.
1. Look into Medicaid Expansion
In some states, Medicaid has been expanded to cover more individuals and families. Even if you lost Medicaid coverage due to a change in income or employment, you might still qualify for Medicaid if your state has expanded the program. Check with your state’s Medicaid program to determine eligibility for coverage.
2. Consider Short-Term Health Insurance
Short-term health insurance plans provide temporary coverage for a limited period, typically up to 12 months. These plans can be an option for individuals who need temporary coverage between jobs or waiting for their new coverage to begin. Remember that short-term health insurance plans are not required to cover pre-existing conditions and may have limited coverage for certain services.
3. Look into COBRA
Suppose you lost Medicaid coverage due to a job loss or other qualifying event. In that case, you might be eligible for COBRA continuation coverage. COBRA allows you to continue your employer-sponsored health insurance coverage for a limited period, typically up to 18 months. However, COBRA coverage can be expensive, as you are responsible for paying the entire premium.
4. Contact a Health Insurance Broker
A health insurance broker can help you navigate the options available and find a plan that meets your needs and budget. Agents/Brokers can help you compare plans and costs and can help you find a plan that includes your preferred healthcare providers.
In conclusion, losing Medicaid coverage can be a challenging time. Still, options are available to help you obtain new health insurance coverage. By exploring your options and seeking out resources, you can find a plan that meets your needs and provides the coverage you need to stay healthy.