Health Insurance Triggering Events

Each of has at one time or another had a life changing event that changed how we look at health insurance. Healthcare reform has created tremendous stress in everyone’s life. Apart from healthcare reform there are some health insurance companies and products that allow for coverage under certain situations. These are called triggering events. Triggering events often allow for a special enrollment periods.

Triggering Events

• Return from active military duty
• Release from incarceration
• Gain of immigration status or citizenship
• Permanent move to a new state
• Legal separation
• Divorce
• Termination of domestic partnership or civil union
• Change in full-time employment status
• Involuntary loss of employer-sponsored insurance
• Death of a parent or spouse
• Change in dependent status as a result of turning 26

Coverage effective dates will depend on individual circumstances. Usually there is a 60 day enrollment period for application. Therefore, if you know of a triggering event it is always best to notify the insurer as soon as possible. Customers' effective date can be as early as 30 days prior to the renewal date. Of course as with any health insurance, there will need to be verification and documentation that will need to be submitted.

This information may not apply in every health insurance situation, so please contact our office for more information.
 

A healthy body is a happy body, and there’s no better way to preserve your health and your family’s health than with a health insurance policy from Silva Management Insurance Services 888-611-7647.

Let’s face it, medical treatments aren’t cheap. Without health insurance coverage you could end up paying off medical bills for the rest of your life. Silva Management Insurance Services 888-611-7647 can help you find an affordable healthcare plan that’s right for you. Contact one of our friendly agents today to learn more.