Posted inCT Viewpoints

The gray area in the ‘qualifying life event’

We have all heard family and friends discuss the qualifying life event, even if you did not know that is what it is called. When two people get married, they have a qualifying life event and have a 30-day period to consolidate health insurance coverage to one company. Having or adopting a child is a qualifying life event, death of a spouse or dependent is a qualifying life event, and loss of coverage is a qualifying life event. What happens when you are a single individual and you have a loss of coverage? This is the gray area.