What Happens if you have two or more Insurance Policies at the same time?
Brochures, Links & Resources with the EXACT answers!
Be sure to click on links to read the full text
Health Care Reform Dependent Coverage vs Spousal Coverage
National Association of Insurance Commissioners – Model Regulation 64 pages
One page summary
How about an HSA (Health Savings Account) rather than buying extra policies?
There might be some cases where a COB provision is not allowed – like HIPAA policies for when COBRA ends.
Individual Plans cannot have this clause per CCR §1300.67.13 b 2 d BUT, they might require that you cancel other coverage. Blue Cross EOC Page 5
With COBRA protections and HIPAA availability when you lose Group Insurance, it probably is no longer necessary to keep an individual plan, “just in case.” The extra premium, would probably be better spent on Life or Disability Insurance.
Life Insurance does not have a co-ordination of benefits clause. They will ask on the application though if you have other coverage to prevent over insurance and to make sure there is insurable interest.
See also Balance Billing
What if your doctor charges more than the negotiated rate?
Coordination of Benefits Agreement Index Coordination of Benefits Agreement CMS.Gov
Subrogation if you get in an accident and someone else can be sued
TITLE 28. MANAGED HEALTH CARE
Can a husband & wife have coverage from each of their employers?
What if you are divorced?
If they have coverage from one employer, can the other one refuse coverage through their work?
It is not generally up to you to decide which policy pays 1st. The rules under most circumstances are below. Why not just turn in the claim to all relevant policies and let them sort it out?
What are the co pays?
Can you collect more than your actual medical expenses?