Facts You Need to Know for a Successful Open Enrollment, Part 4

Open Enrollment, a key part of the Affordable Care Act, begins November 15th! It seems like the distant future, but really that’s only six weeks away. That’s only a month and half! Understanding the basics can help you take advantage of this important time period.  Brought to you by REALTORS® Insurance Marketplace, this nine part series will help you learn important facts about this year’s Open Enrollment.

4.     Most policies will automatically renew on January 1.
Renewal policies may vary from carrier to carrier. If you are already enrolled in a qualified health plan and don’t make any changes, it is likely that your policy will automatically renew on January 1, 2015. However, you should always check with your current insurance provider to verify their renewal policy.

For more information please watch for our next part in this nine part series, posted weekly.

(Pssst…If you can’t wait to see all 9, click here.)