Individual Health Insurance

I have so many prospective clients calling me about individual health insurance who have pre existing conditions.
Many of them don’t them don’t realize they do have conditions that will frowned upon by the major insurance carriers.
Since most people apply through on line applications, I don’t see their answers therefore many mistakes are made.
It’s important to read application very carefully because each carrier will ask about different time frames.
One insurance company will request answers during the last 2 years , some last 5 years etc.
I had one recent client who applied and had mild diabetes under control with medication and said she was very healthy.
When applying for health coverage, she was denied.
If she had mentioned the diabetes, I would have guided her to another carrier.
It’s important to mention all meds and health challenges to agent so you may be underwritten without problems.
Some are not denied but rated up substantially.
This means if you were quoted $200 per month for your premium , you can be raise das much as 50 to 75%.
Ouch!
In January of 2014, there will be no such thing as pre existing conditions.
However rumor has it that premiums will be much higher because all carriers will have to include the 10 essential health benefits outlined in the Health Care Reform Act.

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