The health care law stops insurance companies from canceling your coverage just because you made a mistake on your insurance application.
In the past, if your insurance company found that you’d made a mistake on your insurance application, they could:
It’s now illegal for insurance companies to cancel your coverage simply because you made an honest mistake or left out information that has little bearing on your health.
Yes. These protections apply to all health plans, including grandfathered plans, whether you get coverage through your employer or buy it yourself.
No. Your insurance company can still cancel your coverage if you put false or incomplete information on your insurance application on purpose. They can also cancel your coverage if you don’t pay your premiums on time.
Yes. Your insurance company must give you at least 30 days’ notice before they can cancel your coverage for the reasons stated above. This gives you time to appeal the decision or find new coverage.
Ready to obtain the right health insurance? Check your eligibility for free or low cost health insurance through the marketplace in 4 simple steps...