Are you or someone you know facing the loss of Medicaid or CHIP coverage? Good news! The Centers for Medicare & Medicaid Services (CMS) has announced an extension of the special enrollment period (SEP) for individuals who are no longer eligible for Medicaid or the Children’s Health Insurance Program (CHIP).
Here’s a breakdown of what you need to know:
What’s the Special Enrollment Period (SEP)?
The SEP allows individuals who recently lost Medicaid or CHIP coverage to enroll in a health insurance plan through the Health Insurance Marketplace. This extension offers a lifeline to those who might otherwise find themselves without coverage during a critical time.
Why the Extension?
CMS recognizes the importance of ensuring continuous access to healthcare for all individuals, especially during coverage transitions. Losing Medicaid or CHIP eligibility can be a stressful experience, but this extension allows affected individuals to explore alternative coverage options.
Who’s Eligible?
If you’ve recently lost eligibility for Medicaid or CHIP, you may qualify for this special enrollment period. Acting quickly is essential, as SEP enrollment periods typically have time limits. Don’t miss out on this chance to secure the coverage you need.
How to Enroll
Enrolling during the special enrollment period is simple. Visit the Health Insurance Marketplace website or call the Marketplace Call Center to explore your options and enroll in a plan that meets your needs. Assistance is available for those who need help navigating the enrollment process.
Key Benefits of Enrollment
- Access to Comprehensive Coverage: Marketplace plans to offer a range of benefits, including essential health benefits like preventive care, prescription drugs, and mental health services.
- Financial Assistance: Depending on your income level, you may qualify for subsidies that lower the cost of your monthly premiums and out-of-pocket expenses.
- Peace of Mind: By enrolling in a Marketplace plan, you can rest assured knowing you have coverage to protect yourself and your family in case of illness or injury.
Losing Medicaid or CHIP coverage can be a challenging experience, but you’re not alone. CMS’s extension of the special enrollment period provides a valuable opportunity for individuals in this situation to secure alternative coverage. Take advantage of this opportunity and enroll in a Marketplace plan today.
Remember, your health is your most valuable asset. Don’t let coverage gaps jeopardize your well-being. Explore your options, enroll in a plan, and gain peace of mind knowing you have reliable healthcare coverage when needed.
