Does health insurance auto renew each year like my auto insurance?
Answer:
It depends, each health insurance provider and plan functions a bit differently. A majority of health insurance companies will require you to enroll or reenroll in an insurance plan each new year. There are some health insurance providers that will auto-renew you each year into the same plan you had and some may auto-renew you into a similar plan if your current plan does not exist that next year. All Medicare and most Medicaid plans and programs will not require reenrollment, unless your situation has changed from the previous coverage year.