The retroactive cancellation of a health insurance policy. Insurance companies will sometimes retroactively cancel your entire policy if you made a mistake on your initial application when you buy an individual market insurance policy. Under the Affordable Care Act, rescission is illegal except in cases of fraud or intentional misrepresentation of material fact as prohibited by the terms of the plan or coverage.
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No, but you should fill in as much information as you know about your insurance.
A fixed amount (for example, $15) you pay for a covered health care service, usually when you get the service. The amount […]
Yes. Employer-sponsored coverage is generally minimum essential coverage. If an employee enrolls in employer-sponsored coverage that provides minimum value for himself and […]
If you did not pay for your first month’s premium for the 2015 plan year by the payment deadline, your plan will […]