How to Renew Your Health Insurance Policy

Marketplace Insurance Renewal Process

If you purchased your health insurance through the Health Insurance Marketplace, you will need to renew your policy during the open enrollment period. Here's how:

1. Log in to your Marketplace account: Access your account on the HealthCare.gov website.
2. Review your current plan: Check your existing coverage and see if it still meets your needs.
3. Update your information: Make sure your personal and financial information is current.
4. Select a plan: You can choose to renew your current plan or select a new one.
5. Complete the renewal process: Follow the prompts to finalize your renewal.

Private Insurance Renewal Process

For those with private health insurance, the renewal process may vary by provider. Generally, it involves the following steps:

1. Contact your insurance provider: Reach out to your agent or the customer service department.
2. Review your current policy: Discuss your coverage and any changes you may want to make.
3. Submit any necessary paperwork: Complete any forms required for renewal.
4. Confirm your renewal: Ensure that your policy is renewed before the expiration date.

Key Dates and Deadlines

Make sure to mark your calendar with important dates for health insurance renewal:

• Open Enrollment Period: November 1 - December 15
• Deadline for Marketplace renewal: December 15
• Private insurance renewal deadlines vary by provider.

Tips for Evaluating Current Coverage

Before renewing, consider the following:

• Are your healthcare needs changing?
• Is your current plan still affordable?
• Are there better options available?

Common Pitfalls to Avoid

Be aware of these common mistakes:

• Missing the renewal deadline
• Not updating your information
• Choosing a plan without comparing options