This video explains that insurance carriers usually offer a grace period for missed payments. If a payment is missed but made within this period, the insurance plan continues as normal:

• Insurance carriers typically have a grace period of 31 to 90 days for missed payments, however each insurance carrier is different.

• Making a payment within the grace period keeps the insurance plan active, but failing to pay within the grace period can result in plan cancellation.

• Healthcare services used during non-payment may cost more if the plan is canceled.