All individual plans run on a calendar year. This means that no matter when you enroll, your plan will renew on January 1. Benefits and premiums may change and deductibles will reset at that time. It’s important to understand that outside of Open Enrollment (November 1-December 15), you can only enroll in an individual plan within 60 days of a qualifying event that has caused a loss of coverage or has changed your family status—things like the birth of a child, etc.