An enrollee must pay their monthly premium when they enroll in a plan in order to activate their coverage, and they must continue making monthly premium payments to stay enrolled in coverage. In some cases, there is a grace period that allows people to catch up on missed premiums without losing their coverage. People with past-due premiums may be prevented from enrolling in coverage for the following year.
Updated August 2023 Insurers can no longer collect any past-due premiums from the last 12 months before allowing someone to enroll in a plan with the same carrier. The following FAQ explain what happens now if a person misses a premium payment. ↓ Download PDF What is a past-due premium? A…
In Part VII of this Beyond the Basics OE10 webinar series presented on October 6, 2022, Jenny Sullivan, Director of Health Coverage Access, provides an in-depth review of the HealthCare.gov renewal process for 2023 coverage, including redetermination of premium tax credit eligibility and plan enrollment. Webinar Resources ↓ Presentation Slides (PDF)
Updated September 2022 People who enroll in coverage through a health insurance marketplace must pay a monthly premium in order to effectuate and maintain their coverage. The following FAQ explains marketplace policies for plan year 2023 on premium payments, grace periods for people who do not pay premiums on time,…
In this Beyond the Basics webinar presented by the Center on Budget and Policy Priorities on October 7, 2021, Tara Straw, Director of Health Insurance and Marketplace Policy, provides an in-depth overview of the HealthCare.gov auto-renewal process for 2022 coverage, including the process for plan enrollment and redetermination of premium…
In this Beyond the Basics webinar presented by the Center on Budget and Policy Priorities on September 16, 2021, Tara Straw, Director of Health Insurance and Marketplace Policy, provides an in-depth review of eligibility rules for premium tax credits—including how offers of employer-sponsored insurance can affect eligibility—as well as how…
