Many health insurance policies are tied to a geographic location.
Depending upon how significant the move is you may or may not have to switch policies. Moving across town likely only entails notifying your health insurance company of your new address. But moving to a different county within the state or moving out of state most likely will require that a new policy.
If a new policy is required the applicant has a 60-day special enrollment period to enroll in a new plan, otherwise the applicant likely must wait for the next annual open enrollment period.
When it comes to Medicare Advantage plans and Medicare Part D prescription plans, they are also based on geographic location, meaning a new policy is likely in your future. The premium may change, and it is a guarantee the provider network will change. Senior Security Plan G Medicare supplement plans allow the policyholder to move within the USA and keep their policy in force. This is one of the main benefits of a Medicare supplement G plan, allowing the policyholder to see any Medicare contracted doctor or hospital in the country, of which 94% are.
Employer-based health insurance coverage is typically not affected by a move. Either is Medicare Part A and B, assuming the individual remains on Original Medicare and hasn’t enrolled in an Advantage plan.
COBRA is not affected by a move, but it is important to consider the provider network available in your new neighborhood.