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Why do we have a set time for enrollment in coverage

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Open Enrollment is the period of time during which people can enroll in a health insurance plan. For example, open enrollment for ACA coverage in 2022 runs from November 1, 2021 to December 15, 2021. Why do we have a set time for enrollment in coverage for next year? Why not let people sign up for coverage when they need it?

Reference no: EM133027980

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