Report Life Changes Year-Round
If you have Marketplace coverage and your income or household situation changes, you should update your enrollment form as soon as possible. These life changes might have an impact on the savings and coverage you are eligible for.
Which changes should be reported?
- Specific changes to your yearly projected income, household size, and status (such as impairment or tax filing status) may entitle you to a Special Enrollment Period, thus allowing you to change plans outside the annual Open Enrollment Period.
- Changes may impact the coverage and saving options you qualify for, so it’s critical to report them as soon as possible.
- If you fail to report changes, you risk receiving incorrect savings and owing money when filing your next tax return.
How to report life changes
- Report these changes to your insurance company by updating your enrollment application.
- Your application can be updated online, by phone, or in-person — but not by mail.
- Following completion, you might be asked to send documents to verify your life changes.
Get more information about reporting household and income changes after you are enrolled.
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About the Author: Sophia Chen
Sophia Chen writes about auto, home, health, life, and Medicare insurance to help U.S. consumers compare policies and make informed coverage decisions. She focuses on breaking down complex insurance topics into clear, practical guidance that addresses real-life needs like choosing a plan during a life change or understanding premium updates. With a background in consumer finance research and a commitment to unbiased education, she brings clarity to the insurance shopping process. Her work on InsuranceShopping.com empowers readers to navigate their options confidently, whether they are exploring Medicare Advantage plans for 2026 or looking for the best health insurance in their local area.
