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4th Quarter Newsletter: Individual Annual Open Enrollment

Friday, September 20, 2024

Virginia Individual Open Enrollment

Open Enrollment on Virginia’s Insurance Marketplace (VIM) will begin November 1, 2024, and run through January 15, 2025. 

    • Enrollments must be completed by December 31, 2024, for coverage effective January 1, 2025. 

    • Enrollments completed between January 1, 2025, and January 15, 2025, will be effective February 1, 2025. 

All consumers will be auto-reenrolled. Pre-renewal notices were sent the week of August 30th to all consumers. The notices provided the following:

    1. Information about auto-re-enrollment into health plans and, if applicable, dental plans. 

    2. Updating their consent to allow the VIM to rerun eligibility. If consent is not given, they will be auto-reenrolled at full cost.

    3. A reminder about the need to reconcile premium tax credits to remain eligible for financial assistance. 

Click here to learn how to add a new client on the VIM.

Are You Ready to Enroll on the VIM?

Brokers must complete their VIM training and certification by October 25, 2024 to ensure they are certified and ready to sell on November 1, 2024. Click here to learn how to complete your VIM certification. 

Don't forget! Virginia insurance licenses now have a renewal date based on your birth month and birth year. If you were born in an even-numbered year, your license expires at the end of your birth month in 2024. Click here to verify your license's status. Contact the Virginia BOI if you have any questions about your license renewal date.

Join a special webinar hosted by Sentara Health Plans to learn more about the VIM, issues, and carrier involvement.