Employees can change their healthcare coverage during open enrollment. It only occurs once a year, unless there is a qualifying life event. Here are some commonly asked questions about Open Enrollment answered by Cosmo Insurance Agency.

1.When do changes made during Open Enrollment go into effect?

   - Changes made during Open Enrollment go into effect on January 1, 2018.


2.I reviewed my confirmation statement and noticed I elected the wrong plan after Open Enrollment ended. Can I change this?

- You can change your plan 30 days after Open Enrollment has ended.


3.Are there any new plan offerings for Open Enrollment 2018?

OSCAR will be coming to Open Enrollment 2018.


4.I have COBRA and it’s too expensive. Can I drop it during Open Enrollment and enroll in a Marketplace plan instead?

  -  Yes, you can enroll in a Marketplace plan instead of COBRA during Open Enrollment. You will have to drop your COBRA coverage effective the date your new Marketplace coverage begins.

5.I’m eligible for health benefits at work but want to see if I can get a better deal in the Marketplace. Can I do that?

  - Yes, even if you have health benefits at your workplace, you may research Marketplace plans and enroll.



Use the time during Open Enrollment to review your coverage options to suit your healthcare needs for the entire year of 2018. Remember that you will be unable to make a change to your plan until next November for coverage in 2019. Reviewing your plans with an experienced and educated broker will save you the headache of trying to figure out the plans on your own and get service throughout the year all at no extra cost to you. We at Cosmo look forward to reviewing your options and getting you the most competitive rates and suitable plan for you.

Posted 4:32 PM

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