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Annual enrollment. In the United States, annual enrollment (also known as open enrollment or open season) is a period of time, usually but not always occurring once per year, when employees of companies and organizations, including the government, [1] may make changes to their elected employee benefit options, such as health insurance.
Enrollment begins at or near the beginning of the calendar year and lasts until a different plan choice is made in a subsequent open season or through a qualifying life event. In practice, there is a great deal of inertia in enrollment, and only about 5 percent of employees change plans in most open seasons. [citation needed]
Medicare is a federal health insurance program in the United States for people age 65 or older and younger people with disabilities, including those with end stage renal disease and amyotrophic lateral sclerosis (ALS or Lou Gehrig's disease). It was begun in 1965 under the Social Security Administration and is now administered by the Centers ...
The initial enrollment period actually begins before your 65th birthday, and is a total of seven months. If you’re eligible (or soon to be eligible) for Medicare, you may have noticed that there ...
The Affordable Care Act ( ACA ), formally known as the Patient Protection and Affordable Care Act ( PPACA) and colloquially as Obamacare, is a landmark U.S. federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010.
If you missed your initial enrollment period, you may be allowed to enroll penalty-free during a special enrollment period. These usually last six months and may last as long as a year. Special ...
Insurance from a part-time job. Another option for early retirees is to obtain health insurance through a part-time job, also known as the ‘Barista FIRE’ strategy within the Financial ...
Over 1.3 million people had selected plans for 2015 marketplace coverage in the first three weeks of the year's open enrollment period, including people who renewed their coverage and new customers. As of January 3, 2014, 2 million people had selected a health plan through the health insurance marketplaces.