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Can I cancel my plan after signing up?

Yes, you can cancel your health insurance at any time.

However, while you can stop coverage whenever you want, you can usually only start a new plan during Open Enrollment or if you have a Qualifying Life Event. 

If you experience one of these, you typically have 60 days from the event to enroll in a new plan via a Special Enrollment Period (SEP).

Some of the most common life events that can trigger a special enrollment period are: income, losing a job, getting married or divorced and moving.

Income Based Life Events

If your income increases or decreases, you must report it to the Marketplace.

  • Decreased Income: May lower your monthly premium or qualify you for better coverage.

  • Increased Income: You must update your info to avoid owing money back on your 2026 tax return.

How to Cancel

You can cancel coverge from your Marketplace account. 

Go to "My Enrollment" and locate your current year plan to disenroll. 

 

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