With summer fast approaching, many people will be making some rather significant changes to their lives. Whether it's walking down the aisle, welcoming a new baby into your home or accepting that new job, one thing that must be taken into consideration is how your health insurance needs will also change.
Understandably we become so enveloped in the changes taking place, that we forget how they affect other aspects of our day to day lives. Health insurance is one of best examples of this. Here are just a few of the more common life events that will require you to update the type of health insurance coverage you carry.
• Getting married
• Having a new baby
• Approaching retirement age
• Changing jobs or careers
• Moving to a new area
• Finalizing a divorce
• Starting a new business
Changing Your Medical Coverage, Where to Start?
As little as a year ago this would have been a much shorter conversation. Today, however, the way we manage our healthcare plans has changed significantly. Much of it depends on which type of coverage you currently have, as well as how and where you purchased it. If you get your insurance through your employer, it may be as easy as filling out a few forms. For those who purchase their own coverage, or are planning on moving or opening a business, working with a health insurance agent can be an extremely helpful and time-saving option.
The first step in the process is to review your current health plan, to determine what you like about it and what you'd do differently. The Special Enrollment period is one of the few times (outside of open enrollment) where an individual or family can make substantial changes to their coverage. That said, it's important to make sure this time is well-utilized. A licensed agent who is familiar with the new laws can make sure that any changes made to your plan are accurate, affordable and fitting of your new situation.
Updating Healthcare Plans in Illinois
If you're in Illinois or the Chicago area and are planning a substantial life change this year, Premier can help. We're located in the Naperville / Lisle area and have been serving the Chicagoland area for over a decade. Our agents are highly-experienced, compassionate and extremely knowledgeable in all aspects of special enrollment, the Affordable Care Act and policy updates. To learn more about changing your plan correctly under the new law, we invite you to call us at 800-369-0287. You can also get in touch with one of our agents through our website at pfiChicago.com.