South Dakota opted not to set up a Health Insurance Marketplace, which means federal law will include South Dakotans in the Federally Facilitated Marketplace.
There are two different markets in the Marketplace, the Individual Market, and the Small Business Health Options Program (SHOP). Both markets, inside and outside the Marketplace, have an open enrollment period for 2016 that begins on November 1, 2015 with coverage options that starting as early as January 1, 2016. Inside the Marketplace, the Individual Markets’ open enrollment period ended on January 31, 2016. A health insurance issuer may issue a health plan to any individual applying for coverage outside of an insurance Marketplace and outside of an open enrollment period, pursuant to South Dakota Rule 20:06:39:63. The SHOP has continuous enrollment.
As of January 1, 2014, carriers are required to offer policies on a guarantee issue basis. This means that regardless of your health status you will be able to obtain coverage with no pre-existing condition riders. For more information, links to resources created by the Federal Government have been provided below.
The open enrollment for 2016 coverage begins on November 1, 2015 and ends January 31, 2016.
- List of South Dakota Exchange Certified Carriers
- Important Dates to know
- Tax Provisions
- Health Insurance Subsidy Calculator
- What if I don't have health insurance?
- Catastrophic Plan - Do you qualify?
- Five things to know about health insurance
- How Do I File for an Exemption