What is the 30 day look period? According to Investopedia, “A free look period is a period where a new insurance
policy owner is able to terminate the contract without penalties such as surrender charges. A free look period often
lasts for 10 or more days (depending on the insurer), allowing the contract holder to decide whether or not to keep it;
if he or she is not satisfied, and the contract purchaser can receive a full refund for it.”
When you buy a health insurance plan you have a grace period to try out the plan and see if you like it. If you decide
you do not like the plan, you can receive a full refund for it. During the free look period, the purchaser can continue to
ask the insurer questions to better understand the plan they purchased.
Cosmo clients benefit from our unparalleled customer service long after they’ve signed on the dotted line.
We continue servicing you with claims, COBRA administration, billing, renewal, compliance, or anything else.
Cosmo insurance agency has experience servicing the healthcare needs of groups ranging in size from 2 to 5,000 individuals
– all with the same creativity and personal attention that will take the headache off your human resources. We have particular
expertise helping businesses navigate the complex Affordable Care Act regulations, which affect groups of over 50 or 100 employees,
depending on the state