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Originally Posted by Robbie
Something I have wondered about since the beginning of The Affordable Health Care Act.
Why is there an "enrollment period"?
What the fuck is that about? Why can't people just buy insurance any day of the freakin' year like we always could in the past?
That part hasn't made any sense to me at all.
It's like if a guy just turned 18 and his parents are dead. He goes to get insurance...but the "enrollment period" is over.
So now he's screwed if anything happens to him before the next "enrollment period"?
For a law that was supposed to make insurance cheaper (mine has doubled in price) and was supposed to get everyone insured...why on Earth would they not have it available for people to sign up 365 days a year?
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There are actually a lot of insurance companies that have open enrollment periods and if you miss them you have to qualify for a special enrollment. There are also many that don't. What I read a little while back is that the time when the enrollment is closed is used to process claims etc and that information is used to set the costs for the next year. I'm not sure why they can't do that while still letting people enroll, but I guess, like MaDalton said, people would just not buy it until the day they needed it.
There are special enrollment options for Obamacare. An 18-year-old kids whose parents died and now he needs insurance would likely qualify for special enrollment.