A North Carolina man paid health insurance for 12 years, missed one payment and lost family coverage; he then canceled a $15,000-$20,000 transfusion
The experience underscores two practical lessons for people with individual health insurance: confirm that automatic payments are actually active, particularly after an insurer changes its payment systems, and understand exactly how long the policy’s grace period lasts. For 12 years, Cord Silverstein paid for health insurance without interruption. Then one missed monthly payment turned into…