You should be getting notices from the marketplace and your insurance company about how to renew for 2015 the coverage you bought for 2014, and whether you still qualify for subsidies to help pay for it.
If you don’t take any action by Dec. 15, the marketplace may automatically reenroll you in your 2014 plan, or a similar one if your insurance company no longer offers it. The marketplace notice should tell you how to renew, and the notice from your insurance company should tell you if it still offers the same plan or if your plan changed. Both notices will also give you information about renewing any subsidies you are receiving. (See “Will I still get my subsidy from last year?”)
If any of your personal information changed, like your income, address, or family size, be sure to update your marketplace account. If you don’t do these updates, you could get enrolled in the wrong plan or for the wrong subsidies.
It's also possible that your insurance premiums, deductibles, and out-of-pocket costs can change even if you renew the same plan, so be sure to check. Plan networks also change, so check with your insurance company and your doctor to find out if your doctor and hospital are still included.
If you find out the plan you had is no longer good for you, you can always switch during open enrollment. You must switch by Dec. 15 for your coverage to take effect Jan. 1, 2015. But you can still change to a new plan even if you are automatically enrolled in the same one from 2014. In that case, you have until Feb. 15, 2015 to switch.
Last Updated On
November 24, 2014