How Do I Cancel a Health Insurance Policy?

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A health insurance policy is a contract between you and your health insurance provider, and the contract will state under what terms you can cancel the policy. If you want to cancel a health insurance policy, then you must usually cancel the policy in writing, although some insurers may accept a phone call. However, it's best to send a letter to cancel your insurance policy, to ensure that you have something in writing should there be a dispute over the date of cancellation.

Things You'll Need

  • Paper
  • Pen
  • Envelope
  • Postage stamp

Call your insurance company and let them know you'd like to cancel the policy. The cancellation may take effect immediately, or you may have to wait until the end of a billing period (for example, the end of the month), depending upon your health insurer's policies.

Compose a letter to your insurer, informing them that you would like to cancel your health insurance plan. You will find a sample letter in the Resources section.

Mail the letter to your insurance company.

Tips & Warnings

  • Before you mail your letter of cancellation, double-check with your insurer that you have their correct mailing address. You may also want to consider sending the letter with delivery confirmation (available from the post office for a nominal fee).
  • Normally there is no problem with canceling your policy, as long as you are not under a legal obligation to provide it to a family member or other person. (For example, it may be part of an alimony or child support agreement.)
  • If you are a Medicare recipient and have obtained private insurance assigning Medicare benefits to the insurer, you must apply to the Health Care Financing Administration (HCFA) before changing insurance; otherwise, you may be open to financial penalties.

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