Dos and Don’ts When Completing Individual Health Insurance Application

If you don’t have access to a group employer plan then the other option you have is to apply for individual health insurance plan. Individual medical 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 software and decide if you are a good publicity 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 carrier has to pay out in claims the more they have to charge everyone for health insurance to keep your average cost down. http://www.vietnam-plans.com/liberty/

When you 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 application form you have to submit is determined by your earlier health background. If you are in perfect health then there is not much that you can write on your software other then some basic information. If you are some one who may have recently been to the doctors for lab work, test or takes prescription medication then you will 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. Should you be not sure of the name of the doctor you can always include the hospital name, center 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 bear 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 a long lasting change to medical 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 america health insurance companies require to protect everything once you are approved. Meaning 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 make clear 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 auto 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 crash. 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 person would spend on car insurance. Why pay if you possibly can 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 personal pocket. I know I would rather pay that $100 per month just in case something will happen.

A lot of people do not recognize that medical health insurance works in the same way. Health insurance businesses are not going to accept some one needing immediate medical assistance. That includes pending follow up appointments to the physician, recent surgery (after a surgery a lot of difficulties can arise), prescription medications and nearly anything that is known advance that could potentially be covered expense. Insurance companies use a “actuarial tables” to underwrite individual applications. If based upon what you have undervalue on the application could potentially cost insurance company money, chances are the application will not be approved.

In the event that medical health insurance companies automatically approved all the application then it would be the same scenario as with car insurance example, that no-one would purchase health insurance. I know I actually would not, why pay for insurance easily can get it when We unwell. If no person would purchase insurance then there would no insurance companies to cover us for unforeseen large medical bills. I am definitely not well prepared to pay $400, 500 or higher for medical emergency.

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