Frequently asked questions about Health Insurance

Retirees

If you retire before you’re 65 and lose your job-based health plan when you do, you can use the Health Insurance Marketplace to buy a plan.

Losing coverage if you retire before the age of 65 qualifies you for a Special Enrollment period.

If you want to enroll because you lost your job-based coverage, see our Special Enrollment Period page for more information.

When you go through our quote engine, you'll find out if you qualify for a private plan with premium tax credits and lower out-of-pocket costs depending on your income and household size.

You'll also find out if you qualify for free or low-cost coverage through the Medicaid program in your state. If you have retiree health benefits, you're considered covered under the health care law. You don't have to pay the penalty that people without insurance must pay.

If you have retiree health plan and want to check other options through Careparrot, you can. However, you can't get premium tax credits and other savings based on your income.

This is true only if you’re actually enrolled in retiree coverage. If you’re eligible for but not enrolled in retiree coverage, you may qualify for premium tax credits and lower out-of-pocket costs based on your household size and income.

If you voluntarily discontinued your retiree coverage, you won't qualify for a Special Enrollment period to enroll in a new Marketplace plan until the next Open Enrollment period.