Guaranteed Acceptance Health Insurance: Insurance For The Uninsurable
Getting sick and being uninsured are among the most serious problems faced by different countries nowadays. In America alone, there are more than 45 million Americans who are uninsured and another 15 million who are under-insured. Many of them are unacceptable for coverage by an insurance policy by a standard health insurance company because insurers do not extend the benefits of a guaranteed acceptance health insurance to people with pre-existing conditions or the unemployed.
Indeed, an existing illness can be a total burden since one cannot easily get the right health insurance policy. But the guaranteed acceptance health insurance is one thing that you may want to consider if you are unable to obtain a traditional insurance that has limits on benefits, or some benefits are defined and other portions of the program may not even be considered insurance. This traditional type of insurance will only cause you more worries than alleviate your fears and keep you secured.
The guaranteed acceptance health insurance is a type of health insurance that is ideal for those individuals who find they cannot qualify for or afford other health care plans. Those diagnosed with a preexisting condition such as heart disease, heart attack, diabetes, cancer, stroke, liver disease, AIDS, pregnancy, depression and kidney disease will most certainly find this a good choice since they will not be worried anymore if their insurance company will pay their bill or not.
Put simply, there is no refusal on the basis of pre-existing conditions or unemployment status under a guaranteed acceptance health insurance. In fact, another advantage of this type of insurance is its automatic renewal regardless of changes in the member’s health and employment status.
Membership packages include health care benefits for a variety of health problems that are not covered anymore under a traditional health insurance policy. There are also no medical questions asked and almost everyone can qualify. Though these plans are not standard health insurance plans, the limited benefits that the guaranteed issue health insurance plan provides are valuable to its members who are not accepted by other insurance companies.
Other features of a guaranteed acceptance health insurance are as follows:
• Full medical benefits for pregnant women.
• Health coverage for children up to age 19 on their parents application.
• Service from multiple medical providers through highly rated health insurers.
• Any one who is uninsured, pregnant women of any age, and children up to the age of 19 are eligible to apply for this insurance program.
However, applicants to a guaranteed issue health insurance plan should be very cautious. When planning to avail of this insurance, check for the following coverage:
• Hospitalization with ICU and surgery benefits
• Prescription benefit plans
• Accident insurance
• Short and long-term disability insurance
• Accidental death and dismemberment insurance (AD&D)
• Dental plans
• Vision plans
• Hearing aids and many more benefits
It always pays to double-check the benefits being offered under a guaranteed acceptance health insurance before availing of it to avoid a hassle-free insurance coverage.