Guaranteed Insurance Issue Medical: Re-arranging Health Care Insurance
Some people with a serious pre existing condition want health insurance is to get an insurer to pay for medical expenses they are certain to incur. However, a number of people are unable to purchase private health insurance because they have a known health problem or what is commonly referred to as a pre existing condition. Health insurers either refuse to cover such people or exclude them from coverage for the pre existing illness.
Some people with a health insurance are sometimes forced to leave the health insurance carrier in search for another when people become sick. They either change jobs or the original insurer cancels the health insurance policy. If they did find a health insurance company willing to take them in, the new insurer generally tries to avoid covering health insurance for the pre existing condition, even if the original insurer covers the first phase of the illness. These problems also affect other people. As a result, employees with pre existing conditions are attracted by large companies with health insurance plans that pay for any and all pre existing conditions. However, this trend will contribute to the companies’ health insurance costs. In addition, uninsured people with such problems may generate unpaid hospital bills, which then must be paid by everyone else.
Since health insurance companies are in the business of making money, it is not surprising that private insurers refuse the obligation to pay for clearly foreseeable medical expenses. If they charged a fair premium, it would be roughly equal to the future medical expenses plus the cost of administering the policy. People with pre existing medical problems would have nothing to gain by purchasing such insurance. Still, many people face severe financial problems because they have high medical bills and no health insurance.
The major problems most people face in getting medical insurance coverage are affordability and eligibility. Many people can not afford the rising cost of medical insurance. For those that can afford the medical insurance costs, many can not secure medical insurance because of pre existing conditions.
Fortunately, there is Guaranteed Issue Health Insurance. This health insurance says what it is, meaning no one is rejected for medical insurance coverage even if you have pre existing conditions. There are no medical questions, no height and weight requirements and no physical exams needed to qualify. In addition, you can choose the medical provider and the plan pays regardless of any other insurance coverage.
Guaranteed issue medical insurance is best for people who can not qualify for or afford other health care plans. This medical insurance plan is usually the choice of those diagnosed with a pre existing condition such as heart disease, heart attack, diabetes, cancer, stroke, liver disease, AIDS, pregnancy, depression and kidney disease.
Guaranteed issue medical insurance plans provide a considerable amount of healthcare coverage. They are affordable and cover most pre existing conditions after 12 months. These plans provide limited benefit health insurance and only pay a defined amount for a medical service or procedure. Usually covered are doctor visits, emergency room visits, hospital charges, surgery, accidental death, etc.