I live in California and I bought private health insurance that starts Jan.1, 2018. I will get no subsidies. I want to drop the insurance sometime in April (2018) next year.
1. Can I drop (cancel) my private health insurance sometime in April 2018? explain
2. Lets say I get MRI's and lab tests done in Jan. 2018. I get surgery in Feb. 2018. I drop my private health insurance sometime in April 2018. Lets say the insurance paid my MRI's and lab tests in Jan. 2018 and my private insurance paid my for my surgery sometime in March 2018. Lets say I drop my insurance sometime in April 2018. Would I have to pay the insurance company back for what they paid for my MRI'S, lab tests, and surgery?
3. What are the consequences for me canceling/dropping my health insurance sometime in April (2018)? What would likely happen?
4. What happens if I don't send my private health insurance (my monthly premium) check for May (2018)? What would the consequences be for this?
4b. Would this hurt my credit score? Will this be on my credit report? Will I be took to collections? Can the private insurance company get the months premiums (from May to December) even though I did not send them checks for those months (May to Dec.)? What would likely happen?