Dos and Don’ts When Completing Individual Health Insurance Application

Should you not have access to a group employer plan then the other option you have is to apply for individual health insurance plan. Individual health care insurance program require more information a person then group health insurance plans that you might have had through job. The reason for that is that person, and that applies to family health plans, are medically underwritten. That means that a person called medical underwriter will go over your medical program and decide if you are a good direct exposure to possible the insurance company. The main reason for medical underwriting is to keep over all cost for each and every one low. The more insurance provider has to pay out in claims the more they have to charge each one for health insurance to maintain your average cost down.

For those who have already had a chance to have a look at specific application then you probably know that it can be long. How much of the applying you have to fill in is determined by your earlier health background. If you are in perfect health then there is not much that you can write on your program other then some basic information. If you are some one that has recently been to the doctors for lab work, test or takes prescription medication then you would probably have to include that on your program. Most individual application require you to provide information of your doctor or the last doctor you have been to. For anyone who is not sure of the name of the doctor you can always include the hospital name, medical clinic name or doctors practice name. When it comes for the dates of your last doctor office visit or any type of other dates. In the event you do not keep in mind exact dates, just deposit your best estimate. 

The most important thing to keep in mind when filling out individual or family application, particularly if you do have some medical issues, is to understand this. Until there is an everlasting change to medical care system and health insurance is not medically underwritten. Insurance carrier will consider every condition that you have and every medication that you take. The reason for that is that in most states in the usa health insurance companies require to pay everything once you are approved. This means that all of your medical conditions and prescription drugs have to be cover legally after getting been approved for coverage. That is if you are approved. I hate to use this analogy because we a talking about human being lives, but the simple way to describe health insurance is to compare it to car insurance. For example lets say you get in the minor car accident and you do not have automobile insurance. Your car is still drivable and it looks like you will desire a new bumper and some paint. The next day you go away and buy car insurance to cover your incident. Well we know it does not work like that. If you could go out and get car insurance policy only after you had an accident then no-one would pay money for car insurance. Why pay if you possibly could just get it after you recently had an accident. No one would purchase car insurance and car insurance companies would not exist. Then you would be fully in charge of all the damages away of your pocket. I know I would rather pay that $100 monthly just in case something will happen.

Most of the people do not recognize that health care insurance works in the same way. Health insurance businesses are not going to agree to some one needing immediate medical assistance. That includes pending follow up sessions to a doctor, recent surgery (after a surgery a lot of issues can arise), prescription medications and anything at all that is known advance that could potentially be covered expense. Insurance companies use a “actuarial tables” to underwrite individual applications. If depending on what you have deposit on the application could potentially cost insurance company money, chances are the application will not be approved.

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