If you're enrolled through Thatch today and your insurance company still offers your plan next year, you won't lose coverage — it renews automatically, so there's no gap on January 1. Your premium will likely change, as is typical with a new plan year. What you give up is choice: no switching plans, adding a spouse or child, or dropping coverage.
There's one important exception. If your insurance company is discontinuing your plan, it can't renew, and we won't pick a replacement for you — you need to choose a new plan yourself before the deadline.
If you declined coverage this year, you also won't be enrolled automatically; you'd need a qualifying life event like marriage, a new baby, a move, or losing other coverage, reported to us within 30 days with documentation. Either way, email support@thatch.com and we'll walk you through your options.