- The Marketplace and You
What if I have PCIP coverage?
If you’re enrolled in the federal Pre-Existing Condition Insurance Plan (PCIP), you may keep your coverage through March 31, 2014.
How to extend your PCIP coverage through March 2014
Two additional months of PCIP coverage are being offered to people currently enrolled in PCIP who have not yet found new health insurance coverage. If you’re eligible to continue your transitional coverage through March 31, 2014, you will receive a letter from the program explaining your options. In order to keep your coverage through March 31, you must mail in premium payments for February and March by the deadlines stated in the letter, to the address provided in the letter. You will pay the same premium amount you paid for January 2014.
Important: If you’re eligible for transitional coverage through March 31, 2014, PCIP won’t pay for services you get after that date. You must sign up for a new health plan by March 15 for coverage to start April 1, 2014. PCIP coverage doesn’t automatically convert to a Marketplace plan, and open enrollment for this plan year ends on March 31.Take action today to avoid a lapse in health coverage in April.
You must choose new coverage
This transitional coverage through March 31, 2014 gives you more time to review your options and enroll in new coverage. Health insurance companies can no longer deny you coverage or charge you more because of your health condition. This means you now have more choices for health coverage. You can get coverage in the individual market, through your employer, or from public programs like Medicaid and the Children’s Health Insurance Program (CHIP).
Affordable Marketplace plans are available now
All plans in the Health Insurance Marketplace cover essential health benefits and pre-existing health conditions. You may be able to get lower costs on coverage based on your income. Marketplace open enrollment ends March 31, 2014. If you don’t get coverage by this date, you may not be able to get health coverage until 2015. The next open enrollment period is proposed to begin November 15, 2014 and continue through January 15, 2015.