Can you cancel BCBS IL Health insurance before policy renewal?

-I have had private individual health insurance with them for around 4 months and just started a job that offers health insurance. Can I cancel my BCBS policy or do I have to wait another 8 months?You can cancel.



However, you should not cancel when you just started the job. Wait until (1) the insurance from the job starts (there may be a waiting period), and (2) you are sure that the job (and the insurance it offers) will last and that you will not need the BCBS policy again soon.Actually....that's great that your company offers coverage, but is the coverage BETTER THAN WHAT YOU HAVE already? I can't tell you how many times I see someone cancel a perfectly good individual policy because "I started a job that offers health insurance." If you're young and healthy and they're not picking up at least half the cost then it almost never makes to do it (unless you're female, need maternity and can't get it in your state). Plus if they're paying for you and not dependents then why put a spouse and kids on the plan (whether or not this pertains to you). Bottom line is you need to examine the plans FIRST.



ONCE you determine that the group policy is indeed more competitive and you're absolutely sure that you'll be working there beyond the next year then, you can cancel it on a date that doesn't leave you without coverage, even for one day.



If you bought the plan from an insurance broker (which is what educated consumers do) then call the broker, tell him or her what is being offered and have them advise you on a course of action - take the group or not take the group.
You can cancel your individual health insurance. You actually only buy it on a month to month basis.
You can cancel at any time. Individual policies are monthly contracts.