“Open Enrollment” is by now almost a household word, but there is still lots of confusion. Here’s a recap of why the next two and half months are critical for which healthcare you’ll be enrolling in until 2020.


Open Enrollment begins November 1st through December 15th, during this period, you can enroll or make a plan change. You will not be able to upgrade or switch plans, no matter how much you’re willing to pay out of pocket, unless you have a qualifying event.


The only way one can switch plans in 2020, after Open Enrollment if you qualify for the following:


-       Gaining/becoming dependent

-       Gaining access to a new plan due to permanent move

-       Move to U.S from a foreign country

-       Loss of coverage

-       Loss or denial of Medicaid

-       Victims of domestic abuse or spousal abandonment and their children


Choosing a Health Insurance Plan


When deciding between plans, make sure that you understand what each plan means for you. The current array of plans can be confusing, with various “tiers” and different in-network and out-of-network coverage. Look carefully into the provider network of each plan being offered to you. Are your doctors and preferred medical facilities in0network? Are your medical needs including procedures, medication etc. covered int his plan?


Whatever plan you end up choosing, the earlier you begin the process, the better. You will have more time to understand your options and make a wise decision. When you enroll earlier, you will have your ID cards in time and greater peace of mind in every aspect of your coverage.


The Bottom Line


In any case, don’t just sit back and swallow a premium increase. There may be better plans for you out there today, with benefits that better suit your needs, a better provider network and/or more competitive premium. 


When working with Cosmo there is an array of good individual health care options available for you from various reputable carriers. We at Cosmo know these options inside out, and will guide you towards the best one for you.


A little time and effort now can make a great difference throughout the next year, both financially and with the quality of your healthcare. Just give Cosmo Insurance Agency a call. We will simplify the process for you!


Cosmo Insurance Agency is an independent insurance agency serving surrounding communities in New Jersey. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating the latest in technology-based tools and laws on healthcare, employee benefits, life insurance and finance, we keep our clients up-to-date with the plans that encompass all of their needs, whether it is individual or group insurance. 




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