Qualifying Life Event
InsuranceA change in life circumstances (marriage, birth, job loss) that allows you to enroll in health insurance outside open enrollment.
Example
Example: When shopping for coverage, understanding qualifying life event helps you avoid overpaying or being underinsured. For a family of four, the difference between plans that handle qualifying life event differently can mean $2,000-$5,000/year in out-of-pocket costs. Compare plans with our insurance comparison calculator.