What can trigger an immediate need for health insurance according to special enrollment periods?

An immediate need for health insurance can be triggered by displacement from housing, which encompasses situations such as losing a home or being evicted. This kind of life change often causes individuals to reassess their healthcare coverage needs. When someone experiences housing instability, they may also lose their current health insurance if it is tied to their employment or residence. As a result, special enrollment periods are designed to allow individuals affected by such significant life events to enroll in health insurance plans outside the regular enrollment period, ensuring they have access to necessary health services during a vulnerable time.

While increases in personal income, completing an education program, and changes in healthcare provider networks may influence an individual's health insurance decision, they typically do not trigger a special enrollment period requiring immediate action for health coverage.