Have you recently moved to OKC and looking for ideal health insurance? The good news is that moving to a different county or zip code is a Qualifying Life Event. And this triggers the Special Enrollment Period. As per the SEP, you can enroll in Marketplace Health Insurance beyond the annual Open Enrollment Period.
Whether you are choosing employer-sponsored coverage or purchasing your own plan, you may postpone picking a new policy until the time of settlement. The problem arises when you get ill between the coverage time. This may increase the expenses of your medical bill.
Steps before Relocation
If you lack employer-based health insurance, you must enroll in a short-term plan, covering you between the move and settlement period. In case you have a new job with insurance benefits, you may have to wait for 30 to 90 days before the beginning of coverage. (You need to purchase these plans via private companies).
After getting a short-term plan, you can invest some time looking for the best long-term coverage.
Link Between Moving and Qualifying Life Event
As mentioned earlier, a shift in residence triggers QLE. However, you only get qualified for the Qualifying Life Event while having health insurance before moving. The Special Enrollment Period usually triggers a sixty-day period wherein you can apply for coverage through the Marketplace.
Crucial Steps of Enrollment
During the SEP, you must submit a few documents besides verifying your eligibility. In case of a move, you should submit your lease or mortgage agreement, utility bill, or other documents for verifying your shift in address.
Additionally, you may have to give an existing health coverage document you had before the move. Once your QLE gets successfully verified, you can see the Marketplace and compare all the health insurance plans in OKC.
Other Ideal Alternatives
Medicaid Insurance- Medicaid is a program that is funded by the states and the federal government. It offers coverage to low-income Oklahomans. The eligibility relies on your income level. Kids, adults, the elderly, pregnant ladies, and the disabled can become its recipients.
COBRA Health Insurance- While losing your job-oriented health coverage due to a move, you can get qualified for COBRA health insurance. With this plan, you can retain your pre-existing health insurance for eighteen months after the qualifying event. All you need to pay is a small administrative fee along with the associated premium. This gives people the coverage they require, allowing them to focus on other areas of life.
Why Not Choose the Best Coverage?
Oklahoma Health Options is an independent brokerage that connects you with your ideal health insurance plan. Our skilled team takes care of your shopping, saving your two most valuable assets: money and time. Connect today to ensure your healthcare needs.
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