HOW TO PAY COVERED CA 1ST PREMIUM
The first payment is required to activate your policy with Covered California.
Once enrolled, we generally have 15 days to submit the payment or the policy will cancel out.
You’ll receive a letter from Covered Ca with the deadline but here’s the deal.
It gets so busy during Open Enrollment, that we see many people miss this window.
Mail can be an issue
It’s right smack in the middle of the Holiday rush
They don’t realize how quickly the payment has to be turned around.
You name it…we see these policies lapse.
To avoid this bad situation, we created the PayMaster form:
- It’s a secured means to submit the first payment for clients we’ve helped enroll into Covered Ca
- Important: If you need to pay the Covered Ca payment but we’re not the agent, you can quickly designate us as agent here.
- It takes 2 minutes and then we can help with any assistance going forward.
- There’s no cost for our assistance as Certified Covered California agents!
- We’ll process the payment within 24 hours typically during business hours.
Sometimes even outside of business hours!
You’ll get a confirmation from the carrier of payment and we’re all set.
Let’s look at the process.
How To Pay First Month’s Premium For Covered Ca Plan
Here’s how to pay your first month’s Covered Ca Premium to activate policy:
- Click on PayMaster secured form above or here.
- Delegate us as the agent here if we did not help enroll (our assistance is 100% free to you as Certified Covered Ca agents)
Complete Payer’s information
- Choose if you want to use information for ongoing payments (highly recommended and can be changed at any time)
- Receive confirmation from carrier by email of payment
- Policy is generally activated in 48 hours to 7 days depending on carrier
The entire process takes 2-3 minutes and can be done from a desktop, laptop, or smart phone!
Once Covered Ca Payment Is Processed
You’ll get an emailed confirmation immediately from the carrier.
If you selected “ongoing payment”, this monthly amount will continue to draw monthly until you change the billing type.
We recommend to register your online account with the carrier after the policy is active.
This can take from 48 hours (Anthem and Kaiser) to 5-7 days (Blue Shield).
Once active in the system, Google “carrier register online account”.
For example, “Anthem Blue Cross register online account”
This will take you right to the registration page.
It takes a minute to register.
Registering your online accounts allows you to:
- See and Change billing type and history
- Print ID cards
- See claims history and payment
- Access doctors tied to your plan
And much more!
How Much Is Submitted For First Covered Ca Payment
If you have a tax credit, that amount is automatically taken out of the monthly premium.
You will pay the net amount.
When we enroll you, we send a confirmation of the premium by email.
That’s the amount that will be drawn for the 1st month to activate your Covered Ca policy.
There is no application fee or fee for our service.
The amount drawn is only for the 1st month’s premium minus any tax credit applied.
If dental is selected, there will be a separate draw to the same credit card info submitted for the dental.
This will be for the 1st month’s dental premium.
Who Can Pay The 1st Month’s Premium For Covered Ca
The payer does not need to the enrollee.
In fact, many times, we have parents pay for kids and sometimes even parents!
Obviously, the person submitting the form needs to give consent to debit the credit card for the 1st month’s premium.
The person paying can be different than the person being insured.
You can change this credit card information later through your online account or with the carrier directly.
What If I Want To Cancel My Covered Ca Policy Never Effective?
Here’s the deal with Covered Ca (their rules)…
If we have not paid the 1st month’s premium, no problem.
We can cancel the policy.
In fact, non-payment will cancel it eventually when we use up the 15 day window.
There’s no impact on credit since health insurance is a pre-pay policy.
However, what if we paid the premium already?
If the policy still shows “pending” in the system, we can still cancel.
You need to notify us right away.
Remember from above that there’s a lag time from when we submit payment till the carrier activates the policy (48 hours to 7 days depending on carrier).
If we’re still in that window, it will show “pending” in the system.
We can still cancel never effective.
Once that status changes to “in force”, we probably can’t cancel.
The only times we’ve been able to cancel with “in force” is if we’re still before the effective date.
For example, if we enroll on June 1st for a July 1st eff date; pay on June 10th and then request cancellation before July 1st.
Don’t hang your hat on that however.
We want to submit the request to cancel while showing “pending” in the system!
Re-Occuring Payment For Covered Ca Policy
When submitting the first payment, most carriers offer the ability to use the submitted payment info for ongoing monthly payments.
We strongly recommend this!
You can change it later but here’s the deal.
The #1 reason for policy lapses is non-payment
It’s generally unintended.
Periods of travel.
Periods of sickness (don’t want to lose coverage at that point!)
Either way, once the policy lapses due to non-payment, we may be out of luck until next Open Enrollment.
It’s a bad place to be and we 100’s of clients fall into this boat.
Choose the re-occuring payment option on the PayMaster form to prevent this situation.
You’ll be glad you did.
You can always change your billing type through the online carrier account or direct with the carrier.
Pay Your Covered Ca Payment Wrap Up
We’ve tried to take the confusion out of dealing with Covered Ca.
One quick form and we can activate your policy for you.
It’s just one way we want to be your advocate navigating the new Marketplace.
Access the PayMaster secured form here or email us with any questions!
Never send payment information via email!
Use the secured form for that!
How can we help?