Can you cancel your health insurance any time?
You'll need to check your Plan documents. It depends if your premiums are part of a Section 125 Cafeteria Plan (aka, premium deductions are taken from your paycheck PRE-Tax). Most plans require a "Qualified Event" to make changes outside of the Open Enrollment period. If there is a qualified event you generally have 30 days to notify your employer of the changes.
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Answer . You can always drop due to a qualifying event. If you did not have a qualifying event, check your Section 125 Plan (AKA Cafeteria Plan). This document dictates …the contributions that you make pre-tax through payroll deduction... so your ability to stop paying may be the key to your decision.
Answer . NO, not unless he stops it for all
Answer . I'm not an authority on health insurance. But would think the same would apply (but please check), that if your policy were in effect on the 'date of loss' then c…overage would apply.
Can existing insurance policies be cancelled at any time if an insurer learns of new health problems?
Answer . Most life policies issued in the US contain a 2 year contestability period.. Should death occur within that time frame, the insurance co. has the right to investi…gate the death and may refuse to pay if they discover [that] the insured person commited fraud at the time of contract.. If an insured 's health diminishes after a life policy has been issued, and no sign of the new health problem was evident at the time of contract, then the insurance co. cannot cancel the contract, except for non payment of policy premiums as they come due.. By the way, if a policy lapses at any time due to non payment of the premium, if reinstated, the 2 year contestability period starts all over again.
The best way to confirm is to contact your insurace provider directly to confirm effective policy dates.
That would be pretty stupid...but probaly. yep he can My ex did they(the insurance company)said because we didn't file taxes together. LOL what a joke!!
Yes...and you should get back the amount of premium you have not yet used for the rest of the policy. This is only if you paid in full. If you pay monthly, you may cancel but …will get back less money, if any.
Individual plans can be purchased anytime.. Most group plans have open enrollment periods, or are available for enrollment after your probationary period (90 days).. Medicar…e has specific enrollement periods each year.
Call the insurance agent or company and let them know you wish tocancel and request their method for doing such. If you are payingit through a bank draft I would stop the draf…t as well so thatanother payment is not drafted before the cancellation isprocessed.
Legally, in most situations, an employer cannot "just cancel" any employee's health insurance without notice. A federal law known as ERISA requires 60 days' notice of "materia…l reductions." Courts disagree over whether cancellation is a "material reduction" but all at least agree that concurrent notice (it's still notice to say 'I am canceling your health benefits as of today.') must be given to comply with fiduciary provisions. You should consult an attorney or your local labor board.
Assuming you are talking about your employer's health plan post termination, the employer has that responsibility.
If you are an active employee you would need to contact your personell office, and if retired, contact the office that handles retirement benefits. It should only require that… you sign a form or two.
Many reasons. Most commonly, for not paying the monthly premium on time (or at all). Another reason could be falsifying information on the initial application for insurance.