In the District of Columbia, quarterly paid premium health insurance policies must provide a grace period of at least 31 days.
What is it about?
This means that your coverage will not lapse if you miss a quarterly premium payment within the first 31 days after the due date. After the grace period expires, your coverage will be terminated unless you pay the overdue premium.
The purpose of the grace period is to give policyholders time to make a late premium payment without losing coverage. This is important because losing health insurance can have serious consequences, such as being unable to pay for medical care or being denied coverage for pre-existing conditions.