How to Pay for Your Health Plan?

Each of the companies that offer medical expense insurance in the country will be able to offer you different terms for the payment of your policy

If you choose the annual payment method, you will settle the cost of the insurance in a single installment, otherwise, the insurer will include an extra amount in the price of your policy as a financing cost.

The Condusef explained that regardless of the form of payment, by law it has 30 days to cover its policy, as well as to present any clarification. "Once the term is over if you do not make the payment, the company may cancel your policy and you will not be protected," the agency reiterated.

Each time the term of your policy expires, and once you notify your insurer through an insurance agent of your desire to renew it, you will also have 30 days from the expiration of the same.


The problem with this type of policy is that if you get sick from something else, you will not be protected.

In the case of standardized basic insurance, these have a lower cost in the market and their price is similar in all companies.

However, the problem is that they serve as support in the event of an illness, "and they will not cover an operation, doctor's fees, in the end, they will put money from their pocket."

The specialist insisted that there is a perception that these policies are not accessible to the vast majority of the population.

However, it is a protection that each individual should have, also remember that this type of policy is tax-deductible.