Keep or change your insurance plan
Renew, change, update, or cancel your plan
If you have Marketplace coverage, you can renew, change, or update your plan during Open Enrollment (November 1-January 15). Outside of Open Enrollment, you can change plans if you qualify for a
.
Renew or change plans during Open Enrollment
Update your expected income and household information for the new year on your application, so you get the right amount of savings. Then compare available plans and renew your current plan (if available) or enroll in a different one that meets your needs.
Marketplace savings are based on your expected income for 2024 (not 2023). If you don't update your income and household information:Â
- You could qualify for more savings than youâre getting now.
- You could qualify for less savings and have to pay money back when you file your federal taxes.
Take action:
- By December 15: Update your information and enroll in a plan so your coverage with the correct savings starts January 1.
If you don't act by December 15, you may be automatically re-enrolled for January 1 coverage â but you must update your information on your 2024 application to get the right amount of savings.
In some cases, you won't be automatically re-enrolled. Enroll in a plan during Open Enrollment to keep Marketplace coverage for 2024.
 - By January 15: Open Enrollment ends. Update your information and enroll in a plan for coverage starting February 1.
You'll get letters about your coverage for the new year
By November 1, you should get 2 letters â one from your current insurance company and one from the Marketplace.
Together they tell you:
- Whether your current plan is available for next year
- Which plan (if any) you're matched with and will be enrolled in if you don't act by December 15
- Any changes in your coverage and cost savings
- If the Marketplace needs documents to confirm information on your application and how to send copies
Don't have your letters?
- For your insurance company letter, contact your plan.
- For your Marketplace letter, contact the Marketplace Call Center.
Compare plans
Compare your current year's plan to the plan you're matched with and other available plans.
New, affordable plans may be available. Plans and prices change every year. Your situation may have changed, too. You may find plans with coverage and features that better meet your needs â especially if you had or expect income or household changes.
Pick the plan that best meets your needs.
Update or change plans outside of Open Enrollment
You can change plans if you qualify for a Special Enrollment Period. If you have a
(like income or household changes), update your application so you get the right amount of savings and find out if you qualify.
Cancel your health plan any time
You can cancel your Marketplace coverage any time. You may need to do this if you get other health coverage, or for another reason.
You can end coverage for:
- Everyone on the application after your coverage has started. Your coverage can end as soon as the day you cancel, or you can set your Marketplace coverage end date for a later day â like if you know your new coverage will start on the first day of the following month.
- Just some people on the application. In many cases, their coverage will end immediately.
If you cancel your Marketplace plan and donât have other health coverage:
- You may have to wait for the next Open Enrollment Period to enroll again, unless you qualify for a Special Enrollment Period.
- Thereâs significant health and financial benefits of having health coverage â and risks if you donât. Nobody expects to get sick or hurt. But medical care without insurance is very expensive, so itâs important to have protection if the unexpected happens.
- Health coverage helps you get regular care, including free preventive services, to keep you healthy. Learn about the benefits of health coverage.
More answers: Renew, change, or cancel your plan
You can enroll in a different plan during Open Enrollment. Log into your Marketplace account and update your application. Then, enroll in a plan that meets your needs.
- Enroll by December 15 for coverage to start January 1. Or, enroll by January 15 for coverage to start February 1.
- You must pay your first premium for coverage to start.
If youâre automatically enrolled into a plan during Open Enrollment, that coverage starts on January 1.
- If you donât want that plan, enroll in a different plan by December 15. If your automatic enrollment coverage started, you can still change plans until the end of Open Enrollment.
- If you don't want Marketplace coverage for next year, you need to log into your Marketplace account to stop coverage (or you'll be automatically enrolled).
Yes. But the only way to get a premium tax credit and other savings is to buy your plan through the Marketplace.
Plans inside and outside the Marketplace have similar basic features, but some plans outside the Marketplace have different costs and other important details. If you're looking at plans outside the Marketplace, compare them to plans in the Marketplace too.
Your premium tax credit is based on the most current information available about your expected income for the year you want coverage, your household size, and plans available to you. Income information may come from:
- Your 2023 application
- Your 2024 application if you updated it
- Other sources, like the IRS
That's why it's so important to update your application with any expected income and household changes. It's the only way to be sure you'll get the right tax credit and cost savings.
Plan premiums may change too, so even if your income hasn't changed, your premium tax credit can be different.
There are several possible reasons. Even if youâre told you don't qualify for cost savings, update your application for 2024, and if necessary, take the actions below. You may find out that you do qualify for financial help.
Possible reasons you've been told you may not qualify for a premium tax credit next year:
- Updated income information from the IRS may show that you don't qualify for 2024.
- You may need to send us information before you qualify for a 2024 premium tax credit. Your letter will provide instructions and deadline information.
- We may not have a record showing you filed a federal income tax return to  the premium tax credit you used in 2022. If you don't file a tax return for years you use the premium tax credit, we can't continue to offer you one.
- When you filled out your Marketplace application, you may not have allowed the Marketplace to use your updated tax information automatically for future years.
If your insurance company letter says they aren't offering your plan or a similar plan for the new year, you'll be matched with an alternate plan. Update your Marketplace application and review all plans available to you. When updating your application, include that you're losing your health coverage on December 31.
You can change plans by January 15 (the end of Open Enrollment), even if you're automatically enrolled.
If you have questions about your plan's availability, call your current health insurance company.
Weâll automatically enroll you in a plan, if you:
- Have Marketplace coverage in December, and
- Donât take any action to choose a plan or stop your coverage by December 15.
We may enroll you in the same plan you have now or a different plan with your same insurance company. If your company isn't offering plans for next year, we'll enroll you in a plan with a different insurance company. This protects you from a gap in coverage.
Your plan doesn't start until you pay your first monthly premium.
All Marketplace plans for this year end December 31, no matter when you enrolled.
- November 1:Â Open Enrollment starts.
- December 15:Â Last day to enroll in or change plans for coverage to start January 1.
- January 1: Coverage starts for those who enroll in or change health plans November 1-December 15 and pay their first premium.
- January 15:Â Open Enrollment ends. Last day to enroll in or change health plans for the year for coverage to start February 1.
- February 1:Â Coverage starts for those who enroll in or change health plans December 16 - January 15 and pay their first premium.
If you donât enroll by January 15, you can't enroll in a Marketplace plan unless you qualify for a
.
Once youâre enrolled in a plan, youâll pay your first premium to the insurance company. Insurance companies handle payments differently. Follow the instructions from your insurance company about how and when to make your payment. You may be able to pay online.