Insurance terms

Welcome to our terminology page! Here, you'll find a comprehensive list of key terms and definitions relevant to the health insurance space.
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Special Enrollment Period (SEP)

This is a bonus chance to sign up for health insurance or change your plan outside the usual enrollment period. You can enroll in health insurance if you've had certain qualifying life events, such as losing health coverage, moving to a new area, getting married, having a baby, adopting a child, or experiencing a significant change in income. The Special Enrollment Period typically lasts for a limited time after the qualifying event, allowing individuals to secure adequate healthcare coverage during critical life transitions.