Home FAQs FAQs: Health Insurance Marketplace and the ACA Renewing Marketplace Coverage

Renewing Marketplace Coverage

Back to FAQs: Health Insurance Marketplace and the ACA

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I am covered in a Marketplace health plan now but I am behind on my premium payments. If I don’t actively renew my policy but the Marketplace auto-renews me in the same plan, and if I at least pay my January premium, will that ensure my coverage remains in effect for next year?

I tried to renew my same plan for next year, but the insurance company says I missed a payment and won’t let me continue coverage next year until I pay back the premium I owe. Can they do that?

I got a premium tax credit this year, but I usually don’t file a tax return and didn’t realize I was supposed to file taxes for last year. Will that affect my ability to renew coverage and premium tax credits for next year?

Is there any reason the Marketplace wouldn’t automatically adjust and continue my premium tax credit at renewal time?

What happens if I don’t update my application for financial assistance?

I signed up for Marketplace coverage last year and I want to continue in this plan for another year. Do I have to do anything during Open Enrollment?

I like my Marketplace plan just the way it is. Will it stay the same next year?