Wait, What? It’s Over? Fewer Than 1 In 5 Knew Enrollment Deadline

 

If you didn’t know when the last day was to enroll in a plan via a Health Insurance Exchange, you’re not alone. Only 18 percent of consumers knew that the enrollment period had ended on February 15, according to a recent survey conducted by Health Insurance Innovations.

The survey, conducted from April 15 to 17, asked, “When is the last day any consumer can buy health insurance on a government exchange that will provide coverage during 2015?” Sixty percent responded, “I don’t know” and 14 percent said April 30.

The results indicate that most Americans are unaware that the Patient Protection and Affordable Care Act (ACA) market has entered into a “lock-out period” where consumers may no longer buy coverage for 2015 unless they have a special life event such as the birth of a child or the loss of employer-based health coverage. The special enrollment period, limited to those who incurred the uninsured tax penalty for 2014, will expire on April 30.

Five percent of survey respondents chose November 1 as the last day to buy coverage for 2015. But that’s the first day consumers can buy health plans that will provide coverage starting in January 2016.

For more information, visit http://www.agilehealthinsurance.com/term-health-insurance/article/survey-2015-obamacare-enrollment-period-end.

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