Defining a Qualifying Life Event in Health Insurance

Nevada Insurance Enrollment Answers What is a "Qualifying Life Event" in Health Insurance?

LAS VEGAS - nvtip -- During the "Open Enrollment" period, many Americans shop for health insurance. Most people think this is the only time they can make changes to their health insurance, but it's not. If you experience a "Qualifying Life Event" (QLE), (within the last 60 days in all cases), you may be able to sign up for health insurance outside the Open Enrollment Period or make changes to your existing plan. Understanding which situations are considered qualifying life events will help you make smart decisions regarding your coverage.

Situations That Are Considered Qualifying Life Events
If you experience a major life change, then such a change is often considered a qualifying life event. Such life events affect your existing health insurance coverage and can make you eligible to change your coverage during the special enrollment period which is 60 days from the date of your "life event".

Change in Family Status with Your Health Insurance
If you've gotten married, divorced (and lost coverage), your household size has changed because you've had a baby, or a household member has moved out, then you'll most likely be able to change your health insurance. This would be considered a qualifying life event. Court-ordered dependent changes are also considered a qualifying life event for health insurance.

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Change in Residence Can Affect Health Insurance Coverage
Changing where you live could trigger a qualifying life event for health insurance. Moving to a different state, into a permanent residence, and losing your coverage because of the move is considered a qualifying life event. A student who changes residences could also trigger a qualifying life event for health insurance.

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Nevada Insurance Enrollment
4260 W. Craig Road suite #150-A
North Las Vegas, NV 89032
(702) 898-0554

Nevada Insurance Enrollment
Shelly Rogers

Source: Nevada Insurance Enrollment

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