I have been making cobra insurance payments and only need the insurance until December, if I stop making payments and I don't need anymedical coverage during that time, is that ok? In other words if I stop making the payments can I make up the back payments should I have medical bills come up?
2007-08-26 10:16:11 · 4 answers · asked by diannarodgers@sbcglobal.net 1 in Business & Finance ➔ Insurance
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 less expensive than your current premium. If you have no pre-existing conditions now, short term coverage is the way to go.
2007-08-26 12:24:10 · answer #1 · answered by Anonymous · 0⤊ 0⤋
No you cannot do that.
If you stop making payments, you are no longer covered and cannot go back and get coverage just because you want to.
2007-08-26 10:25:24 · answer #2 · answered by mister_galager 5 · 0⤊ 0⤋
If you stop making payments , they drop you and you can't get back on .
No , they will not retro cover bills that occur during unpaid / uncovered time .
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2007-08-26 10:21:49 · answer #3 · answered by kate 7 · 0⤊ 0⤋
No.
If you stop paying your COBRA, you get dropped. You can't get it back...even if you end up needing it.
2007-08-26 10:27:20 · answer #4 · answered by midwesthoney829 2 · 0⤊ 0⤋