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What to do if your health insurance was cancelled due to nonpayment:
What happens if you stop paying your health insurance premiums? If you miss one, you’re probably okay thanks to a grace period. If you start skipping payments altogether, you could lose coverage.
People miss health insurance payments for lots of reasons—maybe life gets busy and it slips your mind for a few days or perhaps you are in the middle of an emergency such as hospitalization and can’t get to things like bills.
But sometimes, it’s a matter of affordability: You encounter unexpected expenses—the car needs repairs, you have to fly to visit a sick relative—and you start falling behind on health insurance payments because you’re short on funds.
Suddenly, you’ve lost your coverage. Can you get it back?
What do you do if you just can’t afford health insurance?
First, let’s talk about consequences. If you pay your premium a couple of days late, you’re not going to lose your coverage. So what is the grace period for health insurance? The answer depends on whether or not you receive advanced premium tax credits to help with your monthly health insurance payments.
Under the Affordable Care Act, you typically get a 90-day grace period if both of the following apply:
If you don’t qualify for a premium tax credit, your grace period may differ. The length depends on your state laws. Your state’s department of insurance can provide you with that information, or you can contact your health insurance company.
But what happens if you maxed out your grace period and your health insurance was cancelled due to nonpayment. You may have some recourse. And, if you don’t, you will need to find a way to pay for healthcare.
You can try to enroll in a new major medical plan if you qualify for a special enrollment period due to a qualifying life event such as having or adopting a child, moving, or getting a divorce. Learn more about qualifying events for special enrollment.
If your appeal is denied and you aren’t eligible for special enrollment, you’ll have to wait until the next Obamacare open enrollment period to secure major medical insurance for the following year. In the meantime, you have some additional options.
Your state’s Medicaid program provides low-cost or no-cost healthcare coverage, if you qualify. Each state’s requirements vary. However, under the Affordable Care Act, some states expanded their Medicaid programs to all adults under age 65 with incomes up to 133% of the federal poverty level.
With no health insurance, you will need to pay medical bills 100% out of pocket. Here are some ways to help mitigate costs:
If you’re concerned about paying for healthcare completely on your own, you may want to consider a telemedicine product. Telemedicine provides you with access to low-cost telehealth consultations with board-certified doctors. They can diagnose and treat minor medical conditions such as cold, flu, urinary tract infections and more.
The Telemedicine package sold through Health eDeals provides you with access to 24/7 care from anywhere you have connectivity.
Enroll in Telemedicine now! Plans are $12.95 for an individual and $14.95 for a family. Consultations are just $15 each.
When you need benefits until you’re able to enroll in an Obamacare plan, a short-term medical health insurance plan provides temporary benefits for 30 to 90 days.
While they are not considered minimum essential coverage that fulfills the ACA’s individual mandate, short-term plans can help pay for a range of medical services related to serious injuries and unexpected illnesses (e.g., emergency room visits, surgery, hospitalization).
Obamacare exemptions include a single period of up to 3 months without a qualifying health plan, which is the coverage gap short-term health insurance can help fill.
If you are uninsured for a longer period of time and don’t qualify for another exemption, you could still owe a tax penalty.
Temporary plans are:
Have questions? Check out our short-term coverage FAQ. Or, call the number on your screen to speak with a certified health insurance producer.
Looking for more comprehensive coverage between Obamacare plans? Bundle up! You can buy a health insurance bundle that includes short-term medical and hospital insurance, including the Fusion plan sold on this website.
If you’ve missed a couple of premium payments and haven’t received a termination notice from you insurance company, pay the full balance so you’re current.
If you stopped paying your health insurance premium because you can’t afford health insurance, consider a couple of alternatives:
Get a short-term medical quote today with coverage as early as tomorrow.
Originally published August 25, 2015.
HealthCare.gov. “How to Apply & Enroll: Premium Payments, Grace Periods & Termination.”
Beck, M. (2018). How to Cut Your Health-Care Bill: Pay Cash. WSJ. Retrievieved 14 June 2018, from https://www.wsj.com/articles/how-to-cut-your-health-care-bill-pay-cash-1455592277