Leaving a job is never easy, no matter the circumstances. In addition to leaving behind co-workers and friends, you might also be launching into the unknown. If you had employer-sponsored benefits, you now have some decisions to make if you don’t know when you will have benefits like that again. You need to bridge the gap, and you typically have about 60 days from the term date of your prior benefits to make your decision.

Deciding which health insurance plan is best for you and your family can be confusing. Just because a plan has a low monthly premium doesn’t mean that it has the lowest overall cost. Deductibles, copays and out-of-pocket maximums can vary, impacting what you’ll pay throughout the year.

What is a short-term health insurance plan?

As we approach the ten year anniversary of the Affordable Care Act (ACA), we continue to battle the spread of the novel coronavirus (COVID-19), reminding all of us just how important it is to have health insurance.

Recently, despite the calls from the industry and a number of governors, the Trump administration decided not to open a Special Enrollment Period (SEP) in response to the novel coronavirus for the 37 states that operate on the Federally Facilitated Marketplace (FFM).

It’s pretty scary out there right now. If you don’t have health insurance and you don’t live in one of the 12 states that have opened special enrollment periods in response to the novel coronavirus, you still may be able to apply for a plan.

You finally have a good understanding of health insurance, but then you turn 65 and suddenly there’s Medicare and it’s a whole new ballgame. There are new terms to learn, new enrollment periods, and four parts of coverage where there used to be one. Understanding Medicare isn’t always an easy task. So, let’s start at the beginning