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Originally Posted by AmeliaG
Wow. Seriously?
Is there any possible positive perspective on not being permitted to buy insurance for half a year?
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When asked about this Obama said that the insurance companies use the time between April and November (which is when then next open enrollment starts) to crunch numbers and decide if premium rates go up and down.
Open enrollment with health insurance has actually been around for a long time. There are always exceptions to the rule. For example, say you switched jobs and lost your insurance from the old job and the new job doesn't have insurance. You have 60 days from when you lose your insurance to enroll in an Obamacare approved plan. Also, if you are new to a job they will often be able to add you to their insurance without you having to wait. Another would be if a woman had a baby she can add the baby to her plan outside of the open enrollment period.
I have had a few jobs in the past where once a year they would send out notices that the insurance open enrollment was coming up so if you wanted to change your coverage that was the only time you could.