Tips on Qualifying for Health Insurance
Not many people want to have to find health insurance on their own. Obtaining health insurance is not only stressful, it is expensive and sometimes difficult to even be eligible. Health insurance companies use underwriting to determine if you are eligible for health insurance and how much you will pay for it.
If you understand how underwriting works and know what questions will be asked, you may feel more confident when meeting with a health insurance agent. Often, insurance companies want to know information related to your health, occupation, and financial situation. Providing accurate, timely information will help keep the underwriting process moving. Some insurance companies may ask the same types of questions in different ways.
When preparing for underwriting you will want to have a list of your current prescriptions and any prescriptions that you have taken in the previous two years. It is also important to understand the declinable conditions that most insurance companies use to determine eligibility for health insurance coverage. You should search each site for a list of declinable conditions. Some insurance companies will provide coverage for health conditions such as asthma and acid reflux, although they may charge a higher annual premium.
In order to find out if you will be eligible for health insurance, you will need to know your current blood pressure, height, weight, and cholesterol numbers. If these numbers are too high, you may either be ineligible or you may have to pay a higher annual premium. Each insurance company will have their own set of underwriting guidelines regarding this medical information. You may be required to complete a paramedical examination in order for the insurance company to obtain this particular medical information.
The insurance company will not only review the results from your paramedical exam, but they will also review your past medical records from your physician(s). It may help to make a timeline of medical events and treating physicians to help you track your treatment and provide any anecdotal information to the insurance company underwriters.
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