How long can you go without paying your monthly health insurance bill on time?
Posted in Insurance by admin | October 23rd, 2008
jbrbbt asked:
I will need to pay my Blue Cross Blue Shield monthy insurance bill Friday but I was hoping I could go another week until i get paid again then i coudl pay it off. I just hope I am not penalized.
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I will need to pay my Blue Cross Blue Shield monthy insurance bill Friday but I was hoping I could go another week until i get paid again then i coudl pay it off. I just hope I am not penalized.
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October 23rd, 2008 at 6:43 pm
maximum 3 days
October 26th, 2008 at 5:12 am
Check you contract. It will specify how long the grace period is. If you don’t see it, call them.
October 29th, 2008 at 2:36 pm
A word to the wise: if there is ANY bill you shouldnt be late with, make it your health insurance bill. God forbit something goes awry in mail delivery when you are already late–you could get cancelled. Do not risk going bare with medical insurance…..a car wreck could devastate you financially, physically and emotionally.
November 1st, 2008 at 2:52 pm
NEVER LET AN INSURANCE POLICY LAPSE
they can deny you benefits, and if you become uninsurable or have a large number of claims you may not be able to get new insurance through another company.
November 3rd, 2008 at 8:20 am
Well, if it’s Cobra, you’re cancelled the FIRST day you’re late. If it’s not cobra, it varies, but usually as soon as your late, they bill you for the next TWO Months – and if THAT is received by the day after the second month would be due, you’re cancelled.
November 4th, 2008 at 9:29 am
Call them and ask for an extension. Otherwise, you run the risk of getting dropped instantly and it’s a HUGE pain in the neck to get it fixed!