Most people pick from 20 to 100 days. Customers choose how long the coverage will last, which usually ranges from two to four years to an unlimited period, depending on how much you're willing to pay. It's crucial to check into the company's financial stability to determine whether it is likely to stay in business long enough to pay out your benefits. A handful of insurance rating agencies evaluate the companies' claims histories and financial security. You want a company to have a track record and that won't go out of business in five years.
Information is available to consumers.
First published July 25, 2000. Last updated June 12, 2001. This Web site is a free resource for everyone in Minnesota. Links to certain services are available only to Blue Cross and Blue Shield of Minnesota members. All rights reserved.