During Open Enrollment, you can sign up for a Marketplace plan even if you already have COBRA. You will have to drop your COBRA coverage effective on the date your new Marketplace plan coverage begins. After Open Enrollment ends, however, if you voluntarily drop your COBRA coverage or stop paying premiums, you will not be eligible for a special enrollment opportunity and will have to wait until the next Open Enrollment period. Only exhaustion of your COBRA coverage triggers a special enrollment opportunity.
Articles in this section
- I have COBRA coverage. Can I change to a new plan?
- What Is COBRA?
- I'm Eligible for COBRA but can get a cheaper individual plan. Do I have to enroll in COBRA?
- If I'm Enrolled in COBRA, am I Eligible to Purchase an Individual Plan?
- I'm Leaving My Job and Will Be Eligible for COBRA. Can I Shop for Individual Coverage and Subsidies on the Marketplace Instead?
- I Have COBRA and Finding it Difficult to Afford, but Open Enrollment is over. Can I drop my COBRA and Apply for Individual Coverage Outside of Open Enrollment?
- I Have COBRA and It’s Too Expensive. Can I Drop it During Open Enrollment and Enroll in a Marketplace Plan Instead?
- If I Sign Up for COBRA, Can I Switch to Individual Coverage in the Marketplace? What if I Enroll in a Marketplace Plan and Want to Switch Back to COBRA?
- Who Can Take Advantage Of COBRA Benefits?