Rolling Enrollment Rules for the Affordable Care Act

Lynchburg, VA - You have one week left to apply for health insurance under the Affordable Care Act if you want to get coverage by the first of the year.

The deadline is December 23.

Your health coverage will start on New Year's Day if you enroll by then, and make your first payment by the December 31.

After that, you can still take part in Open Enrollment. It ends on March 31.

That will operate as a rolling enrollment, meaning if you enroll within the first 15 days of a month, your coverage will start on the first day of the following month.

If you enroll in the last 15 days of a month, your coverage will start on the first day of the second, following, month.

For instance, if you enroll and pay for coverage on January 6, your coverage would begin on February 1.

If you enroll on January 26, however, your coverage under ACA wouldn't begin until the first of March.

After that March 31 deadline, your chance of enrolling is over, and you would pay a penalty for going without insurance.

You can avoid the penalty by filing under an exemption, like already having a suitable health insurance plan through your employer.

Finally, if you have a major life change, like having a baby, adopting a child, losing your employment, or changing jobs, then you could still enroll for coverage after the March 31 deadline.

To enroll on under the Affordable Care Act, click here.