Coverage options if you lose your job
Published on July 11, 2014
If you lose your job and are no longer covered through your employer, you may be able to find affordable health coverage in the Marketplace.
Here are some important things to know about job loss and health coverage:
Marketplace health coverage. If you lose your job-based insurance for any reason, you can buy a private health insurance plan in the Marketplace. This is true even if you leave your job outside of Open Enrollment. When you apply for Marketplace coverage, you’ll also learn if you qualify for Medicaid or the Children’s Health Insurance Program (CHIP).
What Marketplace plans cover. Plans cover essential health benefits, pre-existing conditions, and preventive care. Most people who apply will qualify for lower costs. You can preview plans with prices based on your income and household size.
COBRA coverage. If you have COBRA coverage you can keep it. In some cases, you can buy Marketplace coverage instead. If COBRA ends outside of Open Enrollment, you qualify for a Special Enrollment Period.
If you have questions about your options, contact the Call Center at 1-800-318-2596 (TTY: 1-855-889-4325). We’re available 24 hours a day and 7 days a week to help you.