What is a key limitation for SEP effective dates concerning moves?

A key limitation for Special Enrollment Period (SEP) effective dates concerning moves is that they cannot be earlier than the move date or the receipt of the enrollment request. This means that individuals who qualify for an SEP due to a move must wait until the actual move occurs or until their application is submitted to activate their coverage.

This rule is in place to ensure that the eligibility for coverage is based on the most current and relevant circumstances, which include the timeline of the move and the submission of the enrollment request. It also prevents individuals from retroactively enrolling in plans for periods during which they did not yet reside at the new location or did not formally request enrollment.

By setting this limitation, the process ensures that individuals have coverage aligned with their actual residency status and that insurance companies can manage risks and liabilities effectively.