Don’t Let Your Medical History Stop Your From Finding Affordable Coverage
All too often medical insurance companies will refuse to provide a policy to an individual, or refuse to provide an individual with coverage for certain medical expenses, if the individual has a pre-existing medical condition. Medical insurance companies thoroughly review your application when you are first looking to acquire insurance, or if a serious medical condition is uncovered, to see if you were dishonest when filling out the application. If the medical insurance company thinks that you purposely withheld relevant aspects of your medical history they can deny coverage altogether.
If a serious illness is diagnosed short after your cover begins, the medical insurance companies become skeptical and will start looking into your application for any discrepancies. They may even think that it was a condition that was not disclosed and refuse to pay for treatments related to the illness. In order for the insurance company to cover this illness the patient must present them with medical records to prove that there is no history of this illness in your medical background.
These policies are in place to protect the insurance companies from individuals who will hide information in order to purchase a new medical policy that covers a diagnosed illness for less cost. This is an attempt on the individuals part, to save money on their medical insurance, so that they can put it to use in other aspects of their lives. If the omitted information is discovered, however, you will end up losing any money that you have put into the policy, as you will be dropped from the coverage and your funds are non refundable.
An existing medical condition does not mean that you will definitely be denied an insurance policy, however it may limit or exclude coverage for any expenses related to the condition. Lets just say that their is a patient who requires physical therapy for their knee, they get a new medical insurance plan and then it is decided that the only way for the knee to truly be repaired is by surgery. Since this is a pre existing condition the insurance company may decide not to pay for the cost of the surgery, even thought they were paying for the physical therapy.
Therefore you can find insurance that will cover you with a pre existing condition you just need to be honest from the starting process and it will all work out for you. Here’s to staying healthy!
When shopping for self employed insurance you will want to be sure to compare health insurance plans that you have obtained. This can be done in minutes if you log onto www.healthinsuranceplace.com.