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.
2007-03-28 16:14:12 · 6 answers · asked by jbrbbt 1 in Business & Finance ➔ Insurance
Check you contract. It will specify how long the grace period is. If you don't see it, call them.
2007-03-28 16:18:02 · answer #1 · answered by TedEx 7 · 1⤊ 0⤋
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.
2007-03-28 23:22:40 · answer #2 · answered by Anonymous · 0⤊ 0⤋
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.
2007-03-29 02:21:42 · answer #3 · answered by lllll 4 · 0⤊ 0⤋
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.
2007-03-29 08:06:56 · answer #4 · answered by Anonymous 7 · 0⤊ 0⤋
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!
2007-03-29 10:54:22 · answer #5 · answered by zippythejessi 7 · 0⤊ 0⤋
maximum 3 days
2007-03-28 23:16:18 · answer #6 · answered by sampath k 1 · 0⤊ 0⤋