What Is A Qualifying Event To Drop Health Insurance? 
Qualifying events recognized under the provisions of the Affordable Care Act -LRB- ObamaCare -RRB- are ; 1 -RRB- Loss of employer health insurance coverage 2 -RRB- Expiration of coverage under COBRA or state continuation of coverage provisions 3 -RRB- Loss of government sponsored plan , including Medicaid or CHIP 4 -RRB- Loss of Minimum Essential Coverage 5 -RRB- Birth or adoption or foster care or legal guardianship 6 -RRB- Marriage 7 -RRB- No longer an eligible dependent -LRB- e.g. - child turning age 26 -RRB- 8 -RRB- Divorce from a policyholder 9 -RRB- Termination of a pre-ACA individual plan during 2014 10 -RRB- Moving to a new area that offers different plan options or moving outside of an HMO service area 11 -RRB- Employer 's bankruptcy resulting in loss of coverage for retirees 12 -RRB- Release from incarceration 13 -RRB- Unintentional error or enrollment/disenrollment in a Health Insurance Marketplace plan is unintentional or erroneous 14 -RRB- A material violation of contract terms by the health insurance plan That 's all folks ! 