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Question regarding the Bridge plan Thank you for taking the time to talk to me this morning. As you suggested, I downloaded the application form for the Bridge plan. I had a few questions regarding the entries We expect to be eligible for Medicare only in Aug 2014 (i.e., 1 year from now for the green card, 5 years of residency, and then 1 more year for naturalization). Is this okay Period of insurance required Can I set this to 3 months, and have it be renewable for every quarter as required I’d like insurance coverage to begin as soon as possible. Should I say Commencing 01252008, and then check off Part A & B I’d like to choose Each Cause and Deductible of 2500. This would make the quarterly premium $842, right Thanks,
1. Yes. 2. Write 12 months. You can still pay quarterly. 3. That's fine. Yes, you check off 'Part A & B'. 4. Right. That means, $2,500 per every sickness.
Thanks for the quick reply. Just one remaining question: For question 2 below, will I be liable for the payment for the whole year if my parents, for any reason, decide not to apply for residency? I.e., can I simply cancel the policy at any time for any reason?
will I be liable for the payment for the whole year if my parents, for any reason, decide not to apply for residency? >>>>As long as there are not claims submitted, you will get pro-rated refund if you cancel in the middle.
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DISCLAIMER: Information presented in our Questions and Answers section is generic and was deemed to be accurate at the time of response. Please use the answers as a guide and do not make decisions based on the answers. The answers presented may be outdated and altogether inaccurate currently or not relevant as the details provided such as the insurance terms and conditions, plan benefits, eligibility and coverage may have changed. Insubuy assumes no responsibility for relying on such answers. You should review the latest certificate wording of the insurance policy (available on this website) for the product you are considering for the latest and complete details. If there is any conflict between the answers provided here and the certificate wording, the details of the certificate wording will prevail.
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