If you’re not well educated on what health insurance can mean, chances are you don’t have health insurance at all. This is the truly free market in a nutshell, and it’s in support of this context that I advocate for a 26-day grace period.
Getting health coverage triggered
Coverage for most people begins in January, but many people are nervous about employer-sponsored insurance or the healthcare.gov marketplace because of the so-called ’26-day grace period.’ This is the time period allowed from when you knowledgeably reject a health insurance policy or when you stop making premium payments on your current policy to avoid having your coverage terminated. That means if you find out in October that you have cancer and need to get urgent care, your insurer might not be able to cover the cost of care until January. That could mean a delay of up to 26 days before you can receive treatment. If you’re eligible for premium tax credits or subsidies on health insurance through healthcare.gov, those benefits might still be active during the grace period. But if you fall off of your plan or if your coverage is canceled, those benefits will end and you may have to pay the full cost of your policy. There’s no need to worry if you don’t have health coverage now. You can apply for health insurance through healthcare.gov until December 15th, but there’s no guarantee that you’ll be approved. If you do get coverage through healthcare.gov, make sure
Last September, 27 families in Pennsylvania lost their healthcare when Blue Cross and Blue Shield of Pennsylvania terminated their contracts with Healthcare Solutions, Inc., the company that administered the plans. These families were told they had until December 15 to find new coverage or risk losing their health insurance altogether. But 7 families who accidentally failed to meet the initial deadline were granted a one-month grace period. Blue Cross and Blue Shield of Pennsylvania is refusing to extend the grace period to the remaining 22 families who still don’t have coverage. If these families lose their health insurance before December 15, they will be responsible for paying any out-of-pocket costs for healthcare services. This is unfair and unjustified retaliation against these families for exercising their right to change insurance providers. Blue Cross and Blue Shield of Pennsylvania should extend the grace period to all 22 families affected by this decision and apologize for its actions.
Health Insurance 26 Grace Period Blues Summary:
If you were uninsured for more than 26 consecutive days during the current year, you may be eligible for a health insurance grace period. This means that your health insurance policy may still be valid in case you need it during this time. Keep in mind that this grace period only applies if you did not have continuous coverage through an employer or government program. If you are on the health insurance plan through Blue Cross Blue Shield, you may be eligible for a 26-day “grace period” prior to the plan’s normal expiration date. This grace period allows you to cancel your coverage without penalty, so long as you do so within 26 days of your policy’s original expiration date.
Things to consider when applying for insurance
1. Determine your coverage needs – before you enroll in any health insurance, be sure to figure out what level of coverage you need. Have you been injured in the past? Do you have a pre-existing condition? Do you have children and need coverage for them? All these factors will determine what type of health insurance plan is best for you. 2. Understand your options – be sure to compare rates and features offered by different health insurance providers. Consider what kind of discounts or subsidies may apply to your situation. 3. Enter your information accurately – if you submit an application online, make sure all required fields are filled out accurately. Make sure to include your Social Security number, address, and birthdate. Incorrect information can result in delayed coverage or a denial of coverage outright. 4. Request a free policy evaluation – one way to ensure that the health insurance that you choose is a good fit for your needs is to request a free evaluation from one of our counselors. We can evaluate your current coverage and help you narrow down your options based on your risks and needs.”
Things to have in order before applying for insurance
Before applying for health insurance, it is important to have all of the required documents ready. This includes your social security number, birthdate, and health information. If you are new to the state, make sure to contact your insurance company to determine what sections need to be completed on your application. Some states have a grace period where you do not have to provide all of the required information, so be sure to ask your agent.