SEP – what does this mean in the U.S. domestic health insurance world? SEP means Special Enrollment Period for U.S. domestic insurance coverage. This has been created due to the ACA (affordable care act) laws. Here is information on SEP (also called qualifying life events) for those under 65 years young.
An SEP is created by any of the following:
– Employer no longer offering health insurance
– Loss of government-sponsored insurance
– Divorce or legal separation
– Change in full-time employment status
– Voluntary or involuntary termination of employment
– Death of parent or spouse
– Dependent child turning age 26
– Domestic partnership (in states where applicable)
– Birth of child/children
– Adoption of child/children
– Placement for adoption of child/children
– Guardianship/court ordered dependent
– Permanently moving to a new state
– Being moved to a new health insurance plan
– Gaining citizenship or valid immigration status
Assuming a Qualified Life Event, the major medical plan is guarantee issue.
Good Neighbor Insurance provides ACA (affordable care act) insurance plans for those residing in the U.S. You may view them here at dev.gninsurance.com/individual-and-family-health-coverage. Or you may call our Arizona licensed health insurance agents at 480-633-9500.