Vijay Jain Posted October 3, 2018 Report Share Posted October 3, 2018 Hello, I moved from one employer to a new employer. During the process I lost my individual and family insurance for OCT-2018 month Because of waiting period, New Employer benefit’s will start from 1st NOV 2018. I tried to take COBRA plan but it was costly and I don’t find any good option to take a short term insurance plan to the current month. Please let me know is there any penalty if i don't have insurance in 2018 for one month? Please advise. Thank You ! Link to comment
newacct Posted October 3, 2018 Report Share Posted October 3, 2018 4 hours ago, Vijay Jain said: Hello, I moved from one employer to a new employer. During the process I lost my individual and family insurance for OCT-2018 month Because of waiting period, New Employer benefit’s will start from 1st NOV 2018. I tried to take COBRA plan but it was costly and I don’t find any good option to take a short term insurance plan to the current month. Please let me know is there any penalty if i don't have insurance in 2018 for one month? Please advise. Thank You ! There is an exemption from the penalty for the first gap of less than 3 months that you have during a year. Link to comment
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