It’s Open Enrollment Time!

There is a lot going on with health insurance right now.  Most importantly for individuals who can’t get insurance through work, it’s Open Enrollment time.  This period goes from July 1^st through August 15^th.   After the 15^th, and individual won’t be able to get insurance until July 1^st of 2013!  There are exceptions, i.e. if a person has lost their insurance within the last 63 days, and has a letter to prove it.  

A lot of people say to me, “But wait, I thought you had to have insurance, but now they are saying you can only get it once a year?”  I say, yes, that’s right, they are trying to encourage people to having insurance all the time, not just when they need it.  That is a loss for the insurers and the cost gets passed on to everyone else.  

So, you may not be able to get insurance, and then get fined for not having it in the form of a tax penalty, but to me, the bigger concern is the huge potential cost to the individual if a major medical incident happens, and they don’t have insurance.  It can destroy a family financially. 

I believe there are a lot of people out there who are still completely unaware of the new open enrollment periods started last year, and I think that they price they might pay for their lack of knowledge is too large, so I try to inform as many people as I can.

Are you reading this after August 15^th and still need insurance?  Call me anyway.  There may be a way to get you covered.