Insurers extend premium deadline

December 18, 2013 by Ricardo Alonso-Zaldivar

The health insurance industry says consumers will get an extra 10 days to pay their first month's premium under President Barack Obama's health care overhaul.

With tight deadlines around the holidays, plus lingering problems with federal and state sign-up systems, the voluntary decision Wednesday by the board of America's Health Insurance Plans does more than give extra time:

It also reduces the risk that switching plans could suffer an interruption in coverage due to technology woes.

Consumers still must select a plan by Dec. 23—next Monday. But instead of having to pay their first month's premium by New Year's Eve, they now have until Jan. 10. That would let them get coverage retroactive to Jan. 1.

The industry trade group represents about 90 percent of health insurers.

Explore further: HHS: marketplaces open new insurance options for consumers

Related Stories

White house extends enrollment deadline for health insurance

November 24, 2013

(HealthDay)—Consumers who want to enroll in a health insurance plan through will get a few extra days to sign up for coverage that will take effect on Jan. 1. The deadline for buying insurance through the ...

New rule tweaks obamacare deadline

December 14, 2013

(HealthDay)—The Obama administration is taking steps to prevent consumers who buy health plans sold through state and federal exchanges from experiencing any gap in coverage this January.

Recommended for you


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.