Health insurance options

Once you have health insurance, it's almost impossible to get out of it.

There is a law that allowing you to cancel private health insurance only one month before the anniversary of when you signed up for the insurance.

So if you signed up on 1 May 2017, you can only cancel the month of April. This requires you to remember what month you signed up, and then requires you to remember to cancel when the month comes around.

If you try to close your bank account so they can't keep taking the money, you are still considered insured and owing the money. The insurer will mark the payments as unpaid debt, and they can add late fees, and send the debt to a collections agency.

The same applies to life insurance.