Open enrollment for health insurance through the Patient Protection and Affordable Care Act runs from Nov. 15 through Feb. 15. Here are a few things you need to know to make sure you get the best deal that’s available to you.
1. You’re Not Stuck With Your Initial Plan
Those who are satisfied with the current coverage typically don’t need to do anything to keep that coverage, as their insurance company will automatically renew their policies if they don’t hear differently. But under certain circumstances, it makes a lot of sense to look at other options.
If your health has changed dramatically, then it might make sense to look at more comprehensive insurance plans. You’ll pay more in up-front premiums for higher-quality plans, but your out-of-pocket costs will typically be lower...Read More