Health Insurance Cancelling an health insurance policy?

[BrokeBroker]

Anyone have experience with this?

The broker was talking in circles on the phone so I was like, you know what?
Let's skip the confusion and let me cancel the policy.

According to HIA a holder is obliged to do so in writing via email or letter (email preferable).

And the provider obliged to issue a refund, provided the cancellation is complete within the cooling off period.

Sound about right?

I have two days left on my cooling off period. By way of email i assume a cancellation can be processed within that time?

 

[BrokeBroker]

Also provided I take out another policy within 13 weeks I preclude the pre-existing condition clause.

Any other pitfalls associated cancelling a policy and starting a new one?

 

[Brendan Burgess]

The broker was talking in circles on the phone so I was like, you know what?
Let's skip the confusion and let me cancel the policy.

You know what? That is not a good reason for cancelling health insurance!

It is very complicated and hard to understand. The best of us get confused.

Brendan

 

[kitty81]

Yes as long as within your cooling off period, you can cancel and get a refund.

If you take another policy within 13 weeks, your waiting periods are protected but you are not covered in those 13 weeks.

Its a tricky thing to understand for everyone so as Brendan rightly says, that is not a reason to cancel