Trending...
- Orchard Audio's New PecanPi®+ DAC and Streamer Feature AKM's Latest Flagship Chips
- NNRI Executes Acquisition Letter-Of-Intent
- Celtic Festival & Highland Games Return to a New Location
Nevada Insurance Enrollment Explains What Happens If You Don't Pay On Time
LAS VEGAS - nvtip -- Life happens, and while you should make every effort to pay your health insurance premium on time, health insurance plans generally will have grace periods. Your bill due date will vary by insurance company, but generally all insurance companies' premiums are due on the 1st. It is important to check with your insurance company. You may have a grace period of 30 days, or if your insurance plan is through Nevada Health Link (on-exchange), it may be up to 90 days. It is NOT a good idea to get behind, however. Most people that fall behind end up losing their coverage back to their last payment made, because coming up with 90 days of premium is not feasible for most. If it is a new policy, the premium usually needs to be paid before the policy starts. Also, insurance companies will consider you "late" on the 2nd of the month if the bill was due the 1st of the month. It is especially important that if you cannot make your premium payment on time, speak with your insurance broker/agent to see what flexibility your policy may have.
More on nvtip.com
What Is a Grace Period?
The grace period is a short period after a payment is due that is allotted to avoid cancellation/termination. In health insurance, as long as you make your payment during the grace period, you will avoid losing your coverage.
If you have a Marketplace plan through Nevada Health Link and you qualified for an advanced premium tax credit, then your grace period is usually 90 days seeing that you've paid at least one month for the benefit year. If you are behind on your payments, however, benefits may not be covered until the full payment has been caught up. If you do not qualify for a premium tax credit, your grace period may be different. Your health insurance agent can give you information on the grace period for your policy.
Read the full article: https://www.nevadainsuranceenrollment.com/paying-premium-due-date/
Learn more: https://www.nevadainsuranceenrollment.com/individual-family-health-insurance/
Nevada Insurance Enrollment
4260 W. Craig Road suite #150-A
North Las Vegas, NV 89032
(702) 898-0554
Website: NevadaInsuranceEnrollment.com
More on nvtip.com
- Snell & Wilmer's Casey Stiteler Honored by Northern Nevada Children's Cancer Foundation
- Waterleaf International, LLC Announces Hiring of Chief Sales Officer
- EVERWILD Returns To Legend Valley With Lineup Featuring Pepper, Bone Thugs-N-Harmony, and host band Tropidelic
- World's First AI-Generated Satirical News Website Launches, Outperforms Humans in Humor and Intelligence
- The American Doctor by Salvatore Forcina, available now from Histria Books
What Is a Grace Period?
The grace period is a short period after a payment is due that is allotted to avoid cancellation/termination. In health insurance, as long as you make your payment during the grace period, you will avoid losing your coverage.
If you have a Marketplace plan through Nevada Health Link and you qualified for an advanced premium tax credit, then your grace period is usually 90 days seeing that you've paid at least one month for the benefit year. If you are behind on your payments, however, benefits may not be covered until the full payment has been caught up. If you do not qualify for a premium tax credit, your grace period may be different. Your health insurance agent can give you information on the grace period for your policy.
Read the full article: https://www.nevadainsuranceenrollment.com/paying-premium-due-date/
Learn more: https://www.nevadainsuranceenrollment.com/individual-family-health-insurance/
Nevada Insurance Enrollment
4260 W. Craig Road suite #150-A
North Las Vegas, NV 89032
(702) 898-0554
Website: NevadaInsuranceEnrollment.com
Source: Nevada Insurance Enrollment
0 Comments
Latest on nvtip.com
- Snell & Wilmer Nevada Offices Recognized for Commitment to Diversity, Equity and Inclusion
- Keebos Unveils Keebos 2.0: The Ultimate Crossbody Phone Case
- The File by Gary Born, now available from Histria Books
- Internet 2.0 Conference Reviews Scams & Cybersecurity Measures
- CORRECTING and REPLACING World's Leading Customer Data Platform Adobe Real-Time CDP Debuts Industry-First Innovations
- RB Group Named PR Agency of Record for Centennial SUBARU, A New Retailer Promoting Love Promise Initiatives Throughout 2023
- Home Improvement Without the Hassle
- Protecting and enhancing wildlife populations could be a global warming game changer
- 22 Salute Spirits & Coffee to Showcase Veteran-Made Products at Bar & Restaurant Expo Show
- Hai Robotics Wins Innovation Award for Existing Product at Promat 2023
- Quicklink to demonstrate award-winning remote guest solutions at NAB 2023
- 2023 National Farmworker Awareness Week
- Orbex Introduces Double Profits for New Traders
- Quotehunt.co.uk: Revolutionising the UK B2B Market with Comprehensive Comparison Services for Small Businesses
- Dr. Kelli Ward and Martha Boneta Fain join the advisory board of Legacy PAC , a partner of Veterans for Trump
- 2023 Employee Handbook Templates Now Available
- Mercy Street to Host the Largest Opening Day Event in the Organization's 20 Year History
- The Nashville International Chopin Piano Competition Announces the Alexei Sultanov Memorial Discovery Prize
- Kobie Voted a Top Workplace USA
- Aquia Inc. Joins the AWS Partner Network and the AWS Public Sector Partner Program