Health insurance for individuals is essential in today’s society. Understandably, you want to be protected as soon as possible. Fortunately, many individual health insurance plans take effect immediately! As soon as you pay the first month’s premium and an initial application fee, you can have coverage the next day. Of course, these plans usually do not require physicals to determine eligibility.
Other individual health insurance plans have a longer waiting period before coverage goes into effect. In most cases, you will have to wait until the first day of the following month; although if you sign up near the beginning of the month, you may be able to have your individual health insurance coverage or pre existing health insurance coverage in place by the 15th.