When can individuals apply for Marketplace coverage?

Individuals can apply for Marketplace coverage during the open enrollment period or if they qualify for a special enrollment period. The open enrollment period is a designated time frame each year when anyone can sign up for health insurance through the Marketplace. This ensures that people have a regular opportunity to obtain health coverage without needing to meet specific circumstances.

Additionally, there are special enrollment periods available for individuals who experience qualifying life events, such as getting married, having a baby, losing other health coverage, or moving to a new state. These events allow individuals to enroll outside the standard open enrollment timeframe, ensuring that they can access necessary health coverage when significant changes occur in their lives.

The other options suggest inaccuracies regarding the timing of applications. For instance, applying at any time would mean there are no restrictions, which is not the case. Limiting applications to only the end of the year or once every five years does not align with the structured enrollment periods designed to ensure that individuals have regular access to health coverage suiting their needs.