There are definite financial risks from missing open enrollment, but all is not lost. The 2024 open enrollment periods for Affordable Care Act health insurance markets have now passed, and many consumers are now wondering what happens if they wanted coverage but didn’t obtain it in time. Understanding options begins with knowing what the open enrollment period is all about. The open enrollment period for buying health insurance allows people to purchase their coverage for the next twelve months. Many people already have coverage through work benefits and don’t need…
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