Post # 1
I switched jobs last week, and my health insurance through my previous employer ended October 31. My new insurance doesn’t kick in until December 1.
I was told I could purchase 1 months worth of health insurance for $70 to bridge the gap, but I’m thinking of just risking it for the 30 days and hoping I don’t get sick or hit by lightening.
I have never been without health insurance, and I’m not really sure what the conseqences are.
Has anyone else done this? Does anyone have any advice?
Post # 3
Omg, definitely buy the insurance. If you don’t, when you start your new job, if, God forbid, you should discover you have a condition, they can claim that you were not covered when you got it and thus that they’re not liable (and the old insurance won’t be liable either)….
Post # 4
The consequences depend on where you live. In MA, it’s illegal to not have health insurance, but then it is also illegal for a company to leave a gap like that (so i’m assuming you’re not from here!). For $70, i’d buy the gap insurance. It’s a small amount of money, and if you were in an unexpected car accident, for example, your costs could easily be in the tens of thousands!
Post # 5
Having a lapse in coverage makes your premiums more expensive, and harder to come by if your job isn’t providing coverage sometime in the future.
Don’t let your insurance lapse.
Post # 6
Pay the $70. Seriously, health insurance companies are so finicky.
Post # 7
Your 1st employer has to offer you COBRA legally. You can continue your ins then until the new kicks in. It is worth it. If you choose to not pick up COBRA as long as you don’t go more that 60 days without insurance you won’t have any issues with previously existing conditions the new provide will have to cover it. I do think it is worth it, I had a friend who didn’t pick up COBRA and 4 days before the new insurance started she was hurt and broke her leg and it wound up costing her a fortune. I work in HR and benefits, if you have any other concerns just PM me.
Post # 8
$70? That’s it? I pay more than that per paycheck for health insurance, and that doesn’t include what my employer pays! Buy the coverage! $70 is less than the cost of a single perscription without insurance, nevermind an emergency visit to the doctor!
Post # 9
Just imagine if you happen to need an emergency appendectomy for $20,000!
Post # 10
It’s $70, right, not $700? I used to work at an insurance company, and sometimes COBRA was literally $700-1000/month. I would pay $70 for sure!!
Post # 11
Theres a lot of doom and gloom going on. I haven’t had health insurance for over a year and, as a generally healthy person, I have been totally fine. If you are healthy and comfortable with your health condition then dont worry about it. You’re paying for piece of mind so if you’ll spend the next 30 days chewing off your nails and checking your reflection for anything that could possibly be wrong, you had better get it.
Post # 12
I used to not have health insurance and then my healthy 18 year old brother went to the ER out of the blue. He was paralyzed from the chest down in mind numbing pain. Walking around school one minute, dropped on the ground the next unable to move screaming because it hurt so much.
Doctor’s still aren’t sure what happened, they think his immune system began attacking his spine for some reason- luckily he’s mostly recovered but is still numb in his feet. He spent five months in the hospital and the bill was over 100k. Thank god he had insurance.
It puts things in perspective- the likelihood something happening is slim, but if it does, you’ll be happy you spent the 70 bucks.
Post # 13
Yeah, I’ve been without insurance since August 14th, and have medical issues-prescriptions to fill & blood work every 6 weeks. I was on Cobra but that costs $400 a month, and I can’t pay that, but I’ve paid (well, not yet) $139 for blood work once (I have to again this week or next week), $65 for one prescription, and need to get another one next week, and should have filled the new thyroid meds but instead I’m just taking an extra dose once a week so I don’t have to pay for it. I hate it. I applied for Healthy NY, but haven’t heard. I was hoping to hear today, but haven’t.
Post # 14
Are you serious? Buy the coverage. Alot can happen in 30 days.
Post # 15
@ljhanner: Insurance is about covering the unexpected – that’s why most people have it (and why a lot of other countries mandate it!). Just because you’ve been lucky doesn’t mean it is a smart move to go without insurance!
Post # 16
$70 seems insanely cheap for a month of health insurance. I pay more than that a month and that doesn’t even include what my employer contributes. For $70, you should definitely get it. You never know what could happen.