You need to sign up for health insurance during open enrollment if: If you are currently enrolled in a marketplace health insurance plan, it will automatically renew.However, the plan may make changes to its provider network, copays, co-insurance and drug coverage.If you're pretty healthy, you may be better off signing up for a plan with lower premiums but higher costs when you use your insurance.Of course, it's a gamble, because you never know what's going to happen, Fredericks says.If you qualify for employer-sponsored health insurance, you will likely want to buy health insurance through your employer and will not be affected by the fall open enrollment period for the government-run marketplaces.Ask your employer when its open enrollment period is.Open enrollment is not for auto, life insurance or long-term care insurance. If you miss open enrollment on your state's health insurance exchange, you won't be able to sign up for coverage unless you qualify for a special enrollment period.
Cost-sharing includes deductibles, copays and co-insurance that you must pay until you reach your out-of-pocket maximum limit.Your plan must send you a notice of any changes it will make for 2018.Take time to read the notice to see what it means for you.Make certain your doctors and preferred hospital are still in your network.
Be aware, you may be able to use out-of-network doctors and hospitals, if you're willing to pay more.
In some cases, you might not be covered at all if you go out of network. The plan may no longer cover the drugs you take to manage your chronic conditions.