When Should I Update my Health Insurance Plan?
Answer:
Keeping your health insurance coverage up-to-date is


important. Contact your insurance provider any time you have a “life change” and modify your health insurance plan.

Various plans have different time lines for updating your insurance policy. An individual planmay require immediate notification of any life or health change. Group plans usually have an open enrollment period allowing you to add or delete family members. (Adult children may only be covered on your policy if they are a full-time student.)

Obtaining individual insurance can be difficult if you have any medical problems. Many insurance companies, depending on the underwriter, will instantly deny insurance coverage if you have specific medical problems. If they do offer you coverage, the premiums may be high and any current medical difficulties may not be covered.

Obtaining insurance is easier through a group planwith your employer or your spouse’s employer. You may have a pre-existing period, but you won’t be denied insurance through a group plan or COBRA because of your health status.

If you need to update your health insurance policy you need to contact your insurance provider as soon as possible.
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