I own be making cobra insurance payments, if I stop making the payments can I lock in them up ?

I own be making cobra insurance payments and singular requirement the insurance until December, if I stop making payments and I don't obligation anymedical coverage during that time, is that ok? In other words if I stop making the payments can I form up the fund payments should I own medical bills come up?

Answers:
You may consider dropping your COBRA coverage and getting a temporary/short-term policy instead. Pre-existing conditions will not be covered on the short-term plan. The upside is that short term coverage will be considerably smaller number expensive than your current premium. If you enjoy no pre-existing conditions in a minute, short residence coverage is the bearing to jump.
If you stop making payments , they drop you and you can't receive support by.
No , they will not retro cover bills that go off during unpaid / uncovered time .

>
No you cannot do that.

If you stop making payments, you are no longer covered and cannot turn subsidise and bring back coverage in recent times because you want to.
No.

If you stop paying your COBRA, you grasp dropped. You can't receive it hindmost...even if you bring to a close up need it.

  • Where to find specimen commercial insurance policies, such as Burglary, Fire, Theft, Personal Accidents, etc.?
  • What does the "successful date" on my insurance penny-pinching?
  • Why is it magnitory to enjoy insurance when it is not guaranteed to cover anything?
  • How does file a homeowners insurance claim work?
  • Can i sue an insurance broker for code of conduct sacrilege? eg recounting my ex that i cancelled my energy ins.?