You might not be able to enroll in another plan until the Open Enrollment Period, unless you qualify for a Special Enrollment Period. Check your coverage first though, to see if there are any limitations on cancelling your plan. If you aren’t enrolled in any health plan, you’ll be on your own for main health bills, however you won’t face a federal tax penalty. The federal tax penalty for not having coverage was lowered to nothing beginning in 2019, but some states charge penalties when their residents go without protection.
The Marketplace helps individuals and companies store for quality insurance plans at reasonably priced rates. Insurance available via the ACA Marketplace is remitted by the law to cowl 10 important health benefits. Through the HealthCare.gov web site, consumers can discover the Marketplace in their state.
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