I’m turning 26 this May and will no longer be on my parent’s health insurance. When should I apply for Obamacare? Now or come May?
When someone turns 26 they can apply for ObamaCare before their 26th birthday allowing the plan to start when they turn 26. Get the details below.
Under-26 coverage ends on a child’s 26th birthday. Given this, it's important to get coverage that starts before the young adult turns 26.
- When a child loses coverage on their 26th birthday, they qualify for a Special Enrollment Period. This lets them enroll in a health plan outside Open Enrollment.
- They may qualify for premium tax credits and other savings based on their income.
- Their Special Enrollment Period ends 60 days after their birthday.
- If they enroll before their 26th birthday, coverage can start as soon the first day of the month they lose coverage. If they enroll during the 60 days after their birthday, coverage can start the first day of the month after they pick a plan.
- If they don’t enroll in health coverage within 60 days of their birthday, they may not be able to get coverage until the next Open Enrollment period.
- If they aren’t insured, they may have to pay the fee for being uninsured. If they’re uncovered for less than 3 months of the calendar year, they don’t have to pay the fee.