Don’t Get Declined For Health Insurance
It is important when searching for an individual health insurance policy to understand the health insurance company’s underwriting criteria and their process. The reason for this is more than just not to have wasted your time by applying to a carrier that is going to decline your application, but because of that very outcome, a declination of coverage.
This result serves then as a red flag to other insurance companies with respect to providing you coverage. There are even carriers that do not go one any further with an applicant once they learn that they have been declined for coverage in the past. The reason for the declination is not even looked into, for the worry that they might be providing coverage to high utilizer.
Yes, I agree this is unfair but it is the reality in which we live today. Therefore, it is important to understand a carriers process. It is better to not even apply for coverage if you along with your agent believe that due to your specific medical conditions, age, medical history, etc. will have a good chance of being declined.
There are many carriers available today and only a good experienced insurance agent can help you navigate these rough waters. The cost of the policy doesn’t change anyway. It remains the same, so why not utilize (no pun intended) their services to your benefit (again, no pun intended).
Here’s to your good health and coverage!