Can I add dependents to my health insurance at any time?

If you live with your family in Little Falls, MN, you may already have your health insurance policy through Hanneken Insurance Agency, Inc.. Having health insurance is a legal requirement, but even more importantly, it protects your family and helps make sure you can all get the necessary medical care you need. 

Because of the new laws regarding health insurance, it has become easier to purchase it through the marketplace. A new policy can be purchased at any time someone first enters the marketplace, but buying outside of the open enrollment period may keep you from getting tax breaks or other savings based on how much you earn.

The open enrollment period is the time at the end of the season where people can sign up for a new policy, change from one policy to another without penalty, or add dependents. You will normally not be allowed to add dependents outside of this period. 

If you are experiencing certain kinds of life events, you will be eligible for a special enrollment period. For instance, if you got divorced, you can enroll in a health insurance policy if the divorce caused you to lose your insurance. 

This special enrollment period can be used to add dependents. If you got married to someone who already has children, your marriage will qualify you for the special enrollment period and you will be allowed to add the children to your insurance if you want. 

You want to make sure that you are taking care of your family as well as possible. If you live in Little Falls, MN, please feel free to contact Hanneken Insurance Agency, Inc. so we can help you make sure your insurance covers everything you need. 

What to Expect When Buying a Health Insurance Plan From the Health Insurance Marketplace

If you have changed jobs and no longer have health insurance or your insurer is dropping family plans, you may find yourself looking to purchase health insurance through the health insurance marketplace. If this is your first time buying health insurance from the marketplace, you may not understand what to expect. Here at Hanneken Insurance Agency, Inc., serving the greater Little Falls, MN area, we want to make the process as easy on you as possible. Here is what you can expect when buying a health insurance plan from the health insurance marketplace. 

Buying During Open Enrollment Periods

Unless you have changed jobs, lost your health insurance or had a life event as defined by the health insurance marketplace guidelines, you can only purchase health insurance from the marketplace during open enrollment periods. Open enrollment begins in October and ends December 15. 

Being Asked About Your Income

When you look for health insurance plans within the marketplace, you will be asked about your income. Your income helps to show whether you will be eligible for any credits or special programs, like federal or state health insurance programs. There is not any way to opt of inputting your income information. 

Selecting a Plan

After inputting all of your information, you will be asked to select a plan. The marketplace will show you all of the different plans available to you, their cost and what their deductible and coverage limits and amounts are. 

Navigating the health insurance marketplace can be challenging. If you are looking for help navigating the website or selecting a plan, Hanneken Insurance Agency, Inc., serving the greater Little Falls, MN area can help you. Contact us today to get started.