Category: 
February 2, 2008
The “Pre-Existing Condition” limitation or exclusion of a health insurance policy is probably the most misunderstood. In health insurance, a “Pre-Existing Condition” is not necessarily a disease or illness for which you have received medical treatment.
|
|
A “Pre-Existing” Condition In Health Insurance May Not Be What You ThinkTo better understand “Pre-Existing Condition”, here is the statement taken directly from a health insurance company’s health insurance sales brochure: “A pre-existing condition is a sickness or injury which was diagnosed or treated, or which produced signs or symptoms that would cause an ordinarily prudent person to seek treatment, during the five-year period before the covered person’s effective date of coverage.”
This “Pre-Existing Condition” limitation will differ from company to company, so make sure you know your health insurance company’s terms and conditions. Health insurance companies handle “Pre-Existing Conditions” in different ways. Some companies may:
When you complete an application for health insurance, be as honest and as accurate as you possibly can. It will save a lot of hard feelings and misunderstandings later on.
|
Buying Insurance
Insurance Terms
|
IMPORTANT: If you are currently shopping for the right health insurance plan and comparing health plan prices, please make sure all the benefits, deductibles, exclusions, co-payments and lifetime maximums are the same. Never cancel an existing health insurance policy until the new health policy has been issued and is in full benefit.
Explore Health Insurance
Insurance Contact Information In The United States
Sorry, comments are closed.