Renewing Marketplace Coverage

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

Published: Oct 15, 2024

It depends. Insurers are allowed to make changes to plans each year. Most likely, the premium for your current policy will change next year. There may be other changes as well such as the deductible or copays. In some cases, an insurer may stop offering a particular plan and offer you new choices, instead. Shortly before Open Enrollment begins, you should receive a notice from your insurance company describing any changes to your plan and the new monthly premium. If you want to keep the plan, you can renew coverage for another year. If you prefer to shop for other coverage, you can do that during Open Enrollment.

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