Can You Cancel Insurance After Open Enrollment?

“Open enrollment season is behind us and you’ve made all the necessary changes to your insurance policy, but what if life throws a curveball? Can you cancel your insurance after open enrollment? As much as we try to plan for the future, unexpected events can happen. In this blog post, we will explore everything you need to know about canceling insurance after open enrollment.”

What is Open Enrollment?

The Open Enrollment period for health insurance coverage is November 1-December 15, 2017. This is the time during the year when you have the opportunity to change or cancel your existing health insurance policy if it’s still in force.

If you do decide to cancel your health insurance policy after Open Enrollment, there are a few things to keep in mind. First, depending on the type of policy you have, you may be responsible for a termination fee. Second, if you have kids under 18 who are still covered by your policy, they will likely continue to be covered through the end of the year even if you cancel your policy. Finally, make sure that you give your insurer at least 30 days’ notice before canceling your policy so that they can provide you with a seamless transition to another plan.

What are the dates for Open Enrollment?

Open Enrollment is the time when people can change their health insurance plans and receive tax credits if they purchase coverage through the marketplace. The dates for Open Enrollment 2019 are: November 1, 2018 through January 15, 2019. Coverage starts on the first day of the month following enrollment.

Can you cancel insurance after Open Enrollment?

Yes, you can cancel your insurance policy after Open Enrollment. However, there are a few things to keep in mind before doing so. First, if you decide to cancel your policy, you will have to pay the entire balance of your premiums back. Second, you may not be able to get a new policy for at least 60 days after canceling your old policy. Finally, if you have any medical conditions or are pregnant, it is important to understand that you may be unable to get coverage unless you maintain continuous coverage throughout the year.

How does Open Enrollment work?

Open enrollment is the time when you can change your health insurance plan and find a new provider. Coverage starts on November 1st and goes through January 31st. You can cancel your insurance policy any time up until the end of open enrollment, but there are some penalties if you do.

There are three ways to sign up for health insurance during open enrollment: online, in person at a Health Insurance Marketplace (also called an exchange), or by telephone. If you choose to enroll using the Health Insurance Marketplace, you will need to provide some basic information about yourself, such as your name, address, and Social Security number. You will also need to answer questions about your health history. After you have submitted your information, the Marketplace will give you a choice of plans from various insurers.

If you choose to enroll online, you will be able to complete an application on the insurer’s website. Once you have completed the online application, the insurer will send you a confirmation letter with detailed instructions about how to complete your coverage. If you decide to enroll in a plan through the Health Insurance Marketplace after Open Enrollment has ended, you may have to pay an additional premium because your policy may not have been renewed yet.

What are the consequences of cancelling insurance after Open Enrollment?

Cancelling your insurance after Open Enrollment can have serious consequences. If you don’t have health insurance and you get sick, you could end up in the hospital without it. You may also be fined by the IRS if you don’t have health insurance. There are a few ways to avoid these penalties, but it’s important to know what they are before you make any decisions.


After you have completed your enrollment process, it is generally too late to change your mind and cancel your insurance. However, there are a few exceptions to this rule. If you experience a major life event such as a death in the family or an illness that necessitates a change in coverage, you may be able to switch plans without penalty. Additionally, if you do not receive health coverage through work (either because you don’t have any benefits or they are inadequate), check with your employer to see if they offer subsidized health insurance options.