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How Many People Have Pre Existing Conditions

Insurance for People With Pre-Existing Conditions

These are people who either have or have had any chronic condition including diabetes, cancer, high blood pressure, chronic heart diseases etc. As they are high risk contenders, most insurance companies refuse pre existing condition health insurance coverage to them. As a result, there have been considerable legislative changes to ensure that these people are included in the insured bracket.

According to a recent study by Families USA, there are nearly 57 million people in America alone who suffer from some form of pre existing conditions. It is with these people in mind that the government has proposed and a lot of people have welcomed the new proposed health bill. Incidentally, this figure does not take into account the huge number of elderly who might suffer from such conditions, as they are already covered by Medicare.

According to the provisions of this bill, come 2014, insurance companies will be obligated towards ensuring that they provide health insurance to all. In other words, no person can be refused or denied insurance coverage, merely because of pre existing conditions. Additionally, the bill goes onto state that insurance companies cannot hike premium rates beyond reason, merely because a person suffers from some pre existing health condition or the other.

 

Different Types of Pre-Existing Condition Insurance

Different Types of Pre-Existing Condition Insurance

There are 2 types of pre-existing condition insurance coverage:

  • Public pre-existing condition insurance plans
  • Private pre-existing condition insurance plans

Public Insurance Plans

This type of pre-existing condition insurance coverage is normally provided by the federal government or the state government. There are times when you are not able to have health insurance from your employer, or buy Medicare and other individual plans. If you have not had insurance for more than six months, you may apply for such insurance, as you will be eligible for the public pre-existing conditions health plan. However, you will have to pay a premium every month along with co-payments. In case you can’t afford these premiums, you may apply for a Medicaid.

Remember

  • There are three types of government plans on offer.
  • Each plan gives you access to a limited number of providers listed in its network. Thus, you won’t be allowed to get treated by your preferred doctor if he/she isn’t in the network of your chosen plan.
  • Your deductibles, premiums, and co-pays will differ based on the plan you choose.
  • All plans pay for your preventive care completely.
  • These plans are temporary and costs vary according to the State where you reside.

Private Pre-Existing Conditions Health Plans

There are many genuine and fraud companies that offer these plans and the costs, level of coverage, and quality vary from one plan to the other. There are limited indemnity plans that have certain limitations of amount as well as coverage. Here, you tend to pay more to get more coverage.
Depending on the genuineness of the limited indemnity plans, your medical cards can offer you discounts on prescription drugs and health care services from certain providers and for certain treatments, which is quite similar to pre-existing insurance plans issued by the government.
Benefits

The major benefits of pre-existing condition insurance plans are:

  • They are very cost-effective.
  • They are guaranteed issue plans, which mean that you will not be refused coverage.

Conclusion

Whatever plan you choose, it is very important for you to check them for their quotes, limits, and other factors to ensure savings.

 

Requirements for Guaranteed Health Insurance

Requirements for Guaranteed Health Insurance

With thousands of people looking for financial support to pay their medical bills, a prudent solution is offered by the guaranteed health insurance plans. As the name implies, such insurance, unlike the limited indemnity plans, offer insurance to almost all people who apply. 
There may be times when you apply for medical expense reimbursement under a guaranteed health insurance plan, only to be refused. You may not be aware that you have to file a proper claim for your expenses to be compensated. The majority of insurance plans require you to submit all the supporting documents, out of which you might have missed one or two, thus ending up having a claim that’s refused. This is why you should know about the requirements of guaranteed health insurance plans to benefit from them.

Requirements for filing a successful claim

There are usually no restrictions or requirements based on which your claim would be refused. However, you should pay the monthly premiums on time along with any other additional fees that may be applicable for your policy, and file your claims the right way. Thus, the minimum requirements of filing a successful claim include:

  • Prompt payments of premiums and other payments, if any.
  • Filing your claims along with all the supporting documents.
  • Ensuring that your State or federal law permits such plans.
  • Staying in the same State where you have bought the guaranteed health insurance plan.

Benefits of guaranteed health insurance

Some of the benefits of such plans are listed below:

  • You are not refused reimbursement of your medical expenses even when they are quite high.
  • You are covered for all outpatient, operation, and hospital expenses.
  • Discounts on offer can reduce your medical care costs by up to 50%.
  • You get discounts on your prescription drugs.
  • Maximum payments are disbursed to cover lifetime occurrences of health issues.

Choosing the right plan

To select the right guaranteed health insurance plan, you should consider these factors to compare and decide:

  • lifetime per-occurrence maximum
  • deductible amount
  • benefit period
  • specific limits
  • other medical card requirements, if any

You can take your search online to get instant quotes from multiple insurance companies to compare these factors and select the plan that best suits your needs and budget.

 

How Many People Have Pre Existing Conditions

Insurance for People With Pre-Existing Conditions

These are people who either have or have had any chronic condition including diabetes, cancer, high blood pressure, chronic heart diseases etc. As they are high risk contenders, most insurance companies refuse pre existing condition health insurance coverage to them. As a result, there have been considerable legislative changes to ensure that these people are included in the insured bracket.

According to a recent study by Families USA, there are nearly 57 million people in America alone who suffer from some form of pre existing conditions. It is with these people in mind that the government has proposed and a lot of people have welcomed the new proposed health bill. Incidentally, this figure does not take into account the huge number of elderly who might suffer from such conditions, as they are already covered by Medicare.

According to the provisions of this bill, come 2014, insurance companies will be obligated towards ensuring that they provide health insurance to all. In other words, no person can be refused or denied insurance coverage, merely because of pre existing conditions. Additionally, the bill goes onto state that insurance companies cannot hike premium rates beyond reason, merely because a person suffers from some pre existing health condition or the other.

 

Different Types of Pre-Existing Condition Insurance

Different Types of Pre-Existing Condition Insurance

There are 2 types of pre-existing condition insurance coverage:

  • Public pre-existing condition insurance plans
  • Private pre-existing condition insurance plans

Public Insurance Plans

This type of pre-existing condition insurance coverage is normally provided by the federal government or the state government. There are times when you are not able to have health insurance from your employer, or buy Medicare and other individual plans. If you have not had insurance for more than six months, you may apply for such insurance, as you will be eligible for the public pre-existing conditions health plan. However, you will have to pay a premium every month along with co-payments. In case you can’t afford these premiums, you may apply for a Medicaid.

Remember

  • There are three types of government plans on offer.
  • Each plan gives you access to a limited number of providers listed in its network. Thus, you won’t be allowed to get treated by your preferred doctor if he/she isn’t in the network of your chosen plan.
  • Your deductibles, premiums, and co-pays will differ based on the plan you choose.
  • All plans pay for your preventive care completely.
  • These plans are temporary and costs vary according to the State where you reside.

Private Pre-Existing Conditions Health Plans

There are many genuine and fraud companies that offer these plans and the costs, level of coverage, and quality vary from one plan to the other. There are limited indemnity plans that have certain limitations of amount as well as coverage. Here, you tend to pay more to get more coverage.
Depending on the genuineness of the limited indemnity plans, your medical cards can offer you discounts on prescription drugs and health care services from certain providers and for certain treatments, which is quite similar to pre-existing insurance plans issued by the government.
Benefits

The major benefits of pre-existing condition insurance plans are:

  • They are very cost-effective.
  • They are guaranteed issue plans, which mean that you will not be refused coverage.

Conclusion

Whatever plan you choose, it is very important for you to check them for their quotes, limits, and other factors to ensure savings.

 

Requirements for Guaranteed Health Insurance

Requirements for Guaranteed Health Insurance

With thousands of people looking for financial support to pay their medical bills, a prudent solution is offered by the guaranteed health insurance plans. As the name implies, such insurance, unlike the limited indemnity plans, offer insurance to almost all people who apply. 
There may be times when you apply for medical expense reimbursement under a guaranteed health insurance plan, only to be refused. You may not be aware that you have to file a proper claim for your expenses to be compensated. The majority of insurance plans require you to submit all the supporting documents, out of which you might have missed one or two, thus ending up having a claim that’s refused. This is why you should know about the requirements of guaranteed health insurance plans to benefit from them.

Requirements for filing a successful claim

There are usually no restrictions or requirements based on which your claim would be refused. However, you should pay the monthly premiums on time along with any other additional fees that may be applicable for your policy, and file your claims the right way. Thus, the minimum requirements of filing a successful claim include:

  • Prompt payments of premiums and other payments, if any.
  • Filing your claims along with all the supporting documents.
  • Ensuring that your State or federal law permits such plans.
  • Staying in the same State where you have bought the guaranteed health insurance plan.

Benefits of guaranteed health insurance

Some of the benefits of such plans are listed below:

  • You are not refused reimbursement of your medical expenses even when they are quite high.
  • You are covered for all outpatient, operation, and hospital expenses.
  • Discounts on offer can reduce your medical care costs by up to 50%.
  • You get discounts on your prescription drugs.
  • Maximum payments are disbursed to cover lifetime occurrences of health issues.

Choosing the right plan

To select the right guaranteed health insurance plan, you should consider these factors to compare and decide:

  • lifetime per-occurrence maximum
  • deductible amount
  • benefit period
  • specific limits
  • other medical card requirements, if any

You can take your search online to get instant quotes from multiple insurance companies to compare these factors and select the plan that best suits your needs and budget.