That is a great question! As a rule, most insurance premium payments are paid on a monthly basis. Some, like your auto or life insurance policies, can also be paid on a quarterly, semi-annual (every six months) or annually. Health insurance though, as a rule is typically a monthly payment, though your provider may also allow for other payment schedules. Thanks for asking!
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Typically, you pay your health insurance each month. Although quarterly and annual payments are sometimes permitted, an electronic withdraw or direct bill is the most common.
If you have group coverage through an employer, you may have your payment automatically deducted weekly or twice per month directly from your paycheck.
This question was answered LIVE by Ed Harris - Premier health insurance broker since 1980.
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If you have group coverage through an employer, you may have your payment automatically deducted weekly or twice per month directly from your paycheck.
This question was answered LIVE by Ed Harris - Premier health insurance broker since 1980.