Re: Paying for insurance only when you "need" it?[ Edited ]
12-27-2012 12:52 AM - edited 12-27-2012 12:55 AM
Be careful, many times you cannot get medical insurance if you have cancelled a self-insured plan in the last 6-12 months. They share info through systems (MIB.com for instance) just like the credit bureaus do and especially if it is within the same state you may have a real hard time finding someone even willing to take you.
Also beware starting Jan 2014 you will be required to have medical insurance or face government fines/penalties.