Pre-Existing Medical Conditions – How to get Approved and Don’t Over pay
People who have medical conditions are the ones who need the most help paying their bills and it’s a problem when they are diagnosed with an illness and can’t afford treatment. There are some things you can do to protect yourself to avoid the terrible situation happening to you. Pre-existing medical conditions like diabetes or even cancer can stop you from getting a health insurance rate you can afford. Health insurance reform was intended to address this problem.
However, some states will protect you from this, so check what the policies are in your own state for more information. Sometimes if you don’t have a disease yet, even if you have the gene for it, such as Parkinson’s disease, the insurance company may try to block you from getting health insurance. Most insurance companies nowadays understand that smoking is such an enormous health risk that it is not really worth it financially to them to insure a smoker. Quitting smoking is a good step to make sure that you are as healthy as you can possibly be when you do decide to apply for health insurance.
If you obtain individual insurance, you will begin paying premiums right away, but you will be unable to receive coverage for anything relating to your pre-existing medical condition until between a year and 18 months has passed. A common way that insurance companies handle the issue of pre-existing medical conditions is to put a new insurance policy holder on a waiting period. Talking with an insurance agent is the best way to have all your questions answered. Each company that you explore finding coverage from will have their own unique list of pre-existing medical conditions that will either refuse to cover or charge an increased price for.
The best way to avoid getting into a dicey situation with health insurance is to make sure that you have a good plan that you and your family can afford before anything diagnoses are made. It is very difficult to work backwards when it comes to this issue. This is because pre-existing medical conditions do end up costing the insurance company lots of money. Since the insurance companies act as profitable businesses, they just do business as usual, the business that will make them the most amount of money.
It is possible that you will be able to get some coverage from other sources while you are waiting for your insurance to kick in. Just be informed and get a wide variety of quotes to see what your options are. Some pre-existing conditions won’t be excluded from coverage, so it is really different for each person. Other people need care right away. These people should check into what their individual options are. For some conditions, people can muddle through for a year without undue tragedy and pay out of pocket for their care, or postpone costly treatment like surgery until they are covered. Usually what happens when you have a pre-existing condition is that the health care company waits up to a year to grant you coverage.
Sean L Johnson is a journalist for Health Insurance Buyer a referral service that connects consumers to the insurance carriers that can best fit their wants or special needs. Clcik on link to obtain your free quote and approval from top companies only