Can you purchase health insurance on a month to month basis?
Many people ask us this question. This is usually because they need health insurance because they have been laid off and want to know if they will be able to cancel their coverage when they find an employer that provides health insurance again.
Yes you can purchase health insurance on a month to month basis. You are not locked into an annual contract when you purchase a family or individual health insurance policy through us. Most policies are paid for on a monthly basis and can be cancelled at the end of any given month.
Certain short term health insurance policies will give the consumer a discount if they pay ahead. If you take this option, you will not be eligible for a refund if you decide to terminate your coverage earlier.
(Short-term health insurance policies are rarely the best option for our clients. Even if you plan to keep your policy for a short period of time, purchasing a “permanent” policy and then canceling later is a better option. Short-term health insurance policies provide very little protection.)
Also a few policies have a quarterly payment option. You may be eligible for a partial refund if you get other coverage in the middle of a given quarter. Call us for specifics if you are considering purchasing a plan with this option.
Let us know if you have questions about any of the policies we offer. You can reach us at 1800insurance if you are in Connecticut. You can also call 203 374 3645.