If a health insurance policy lapses due to nonpayment of premium, coverage can be reinstated after how many days?

When a health insurance policy lapses due to nonpayment of premiums, the typical grace period before a policy can be reinstated is usually 45 days. This means that if the policyholder fails to pay their premium, they generally have a 45-day window during which they can make the payment to restore their coverage without needing to reapply or face new underwriting requirements.

This period allows policyholders some leeway to get their financial situation in order or to recover from any oversights that may have occurred in their payment process. After this 45-day period, if the premium has not been paid, the policy is typically considered permanently lapsed, necessitating either the purchase of a new policy or reapplication with possible new terms.

Laws and specific policy provisions can vary, so it's essential for policyholders to review their specific insurance contracts and applicable state regulations. However, the 45-day reinstatement provision is a common standard in the industry.