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New open enrollment period for health insurance will begin Feb. 15

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GREAT FALLS — Montana residents have another opportunity to enroll in a health insurance plan on the health insurance exchange starting on Feb. 15 and running through May 15. If you sign up for a policy on Feb. 15, coverage will begin on March 1.

The new enrollment period comes after President Joe Biden signed an Executive Order on Jan. 28 in response to the COVID-19 pandemic. Montanans can learn more about available plans and eligibility by visiting HealthCare.gov.

Consumers switching plans need to be aware that deductibles and out-of-pocket costs may not transfer to their new policy. Some companies are also opening enrollment for small group policies not sold on the exchange.

"Montanans can work with their local insurance agent to obtain health insurance. Make sure to verify the agent is licensed by going to CSIMT.gov. If you have further questions or concerns, contact our team at 406-444-2040," Montana Commissioner of Securities & Insurance (CSI) Troy Downing said in a news release.

"If you lose your job, you are still eligible to get a plan on the exchange without an open enrollment period," he continued. "This year, the special open enrollment will allow anyone to purchase insurance outside of the normal open enrollment period for any reason."

You can also get information by visiting the CSI website.