When you complete an insurance application there will generally be a question about payment where you will be given the option of using a credit card, paying by check or having the premium automatically deducted from your checking account.  While this is a perfectly reasonable part of the application process, there are some insurance companies that do not require this information on the application at all.  Anthem Blue Cross in Ohio, for instance, gives you the option of receiving a bill once your application is approved.  Others, such as UnitedHealth, will collect credit card or checking account information with the application but will not take the payment until after the policy has been issued.   You don't have to pre-pay for an application to be processed so when you are buying health insurance make sure the insurance company doesn't have use of your money before you have a policy.


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Ronald Haines
ronald@hcibenefits.com
www.hcibenefits.com