In Florida, monthly-premium health insurance policies must provide a grace period of at least:

In Florida, health insurance policies that require monthly premiums are mandated by law to offer a grace period of at least 10 days. This grace period is a crucial consumer protection measure, providing policyholders with additional time to pay their premiums without risking a lapse in coverage. During this period, although the insured is expected to make the payment, their insurance remains in effect, ensuring that they continue to receive benefits without interruption.

Maintaining a 10-day grace period helps to alleviate the financial pressures that can arise when someone forgets to pay a premium or faces unexpected circumstances that delay payment. This requirement reflects a commitment to protecting consumers and ensuring that they do not face an undue burden in maintaining their health coverage. Other proposed grace periods, such as 5, 15, or 20 days, do not meet the established standard set forth in Florida law, reinforcing the importance of the 10-day window specifically.