Glossary · Costs
What is a grace period?
A grace period is a short period after your premium is due when you can still pay and keep your coverage. For Marketplace enrollees who use the premium tax credit it is usually 3 months.
Definition and figures from HealthCare.gov glossary, checked October 23, 2026. This page explains the term; it does not recommend a plan.
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Grace period: the facts
| Item | Fact | Source |
|---|---|---|
| Marketplace with premium tax credit | Usually 3 months | HealthCare.gov glossary: Grace period |
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What does grace period mean in health insurance?
A grace period is a short period after your premium is due when you can still pay and keep your coverage. For Marketplace enrollees who use the premium tax credit it is usually 3 months.