When Do You Get a Refund on Your ACA Health Insurance Premium?

Suppose you have an ACA health insurance plan and are considering canceling it mid-month; in that case, you may wonder if you’ll get a refund on the premium for the rest of the month. The answer to this question depends on various factors, which we will explore in this blog post.

Mid-Month Plan Cancellation and Refunds

As a general rule, health insurance premiums are paid in advance for the entire month. If you cancel your plan mid-month, you will not receive a refund for the remaining days unless specific circumstances apply.

Exceptions to the Rule

There are certain exceptions to this rule, such as:

Special Enrollment Period: If you experience a qualifying life event, such as losing your job or getting married, you may be eligible for a special enrollment period. During this period, you can enroll in a new health plan mid-month, and your coverage will begin immediately. In this case, you will only be responsible for paying the premium for the days you are covered.

Employer-Sponsored Plans: If you lose your employer-sponsored health insurance plan mid-month, you may be eligible for the COBRA continuation coverage. COBRA allows you to continue your coverage under the employer’s plan for up to 18 months, but you will be responsible for paying the full premium, including the employer’s share.

Contact Your Insurance Provider

If you are considering canceling your ACA health insurance plan mid-month, contact your insurance provider. They will be able to provide you with specific information about your plan and any potential refunds.

Seeking Professional Help

Navigating the ACA health insurance landscape can be complex. If you need assistance understanding your coverage or have questions about canceling your plan, consider seeking professional help from a licensed insurance agent. An agent can provide expert guidance and help you make informed decisions.


If you have any questions or need personalized advice about your ACA health insurance coverage, call a licensed agent for assistance.

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