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Health Insurance for Diabetes Patients

Un-complicating Diabetes Health Insurance

Whether you're in the midst of youth or at the peak of middle age, no one is spared from the dangers of diabetes. Diabetes is a highly expensive illness and affects millions of people all over the world. Without the right treatment, it can complicate the body's natural healing process, causing heart disease, strokes, kidney failure, blindness and lower-limb amputation. It would make anyone panic about their health care.

Recent studies show that as many as one in 10 Americans live with diabetes today in certain states and one in three Americans will have the disease by 2050. A flawed medical policy will only add to one’s problem if not to the nation’s woes, as more and more people are becoming diabetic.

At present, the troubling trends related to diabetes in America had led to its classification as an epidemic by the Centers for Disease Control and Prevention.

Sadly, diabetes continues to affect more and more families in America and it is growing 8% per year. Thus, there is a need to reverse these trends by allowing diabetes patients to manage their care and to provide them with tools.

One of the solutions identified is the provision of health insurance for diabetics who have earlier been excluded to avail of a policy due to a pre-existing medical condition. This means that one has a health problem that has been identified, diagnosed, or treated before applying for a plan.

With a pre-existing condition exclusion period, the plan will make a policy holder wait before the insurance company pays the medical costs. The wait may take up to one year if the plan is through an employer. However, under a diabetes policy, the health coverage is expanded to cater to the regular needs of the policy holder, such as blood glucose monitor, test strips, lancets and insulin.

The inclusion of diabetes as an insurable disease has been legalized under the Health Insurance Portability and Accountability Act of 1996 (HIPAA), which gives health insurance obligates the carriers to cover pre-existing conditions of policyholders.

The same law also prevents the employer from imposing an exclusion period for a pre-existing condition when availing of a group plan. Those who had health insurance with a previous employer and have not been without coverage for more than 63 days may be exempted also from this exclusion period.

In some states, it is required for an employer-based company to cover a pre-existing condition even if the employee was without insurance for slightly more than 63 days.

As a diabetic, it is important to have accurate information and good understanding of your financial situation and insurance coverage, aside from paying your premiums regularly. Check if the diabetes insurance policy offered to you has a Catastrophic Illness Clause. This is because there are many expenses associated with the management of diabetes.

With this clause, you are protected with an additional coverage for major medical care needs. The policies usually have very high deductible and fairly low premiums. They are useful when a person's primary medical policy has a lifetime limit and are appealing to people with chronic illnesses.

An ordinary medical policy will not provide as well for diabetic people because it is akin to not having any insurance at all. It is very important that you have to double check to ensure that you are applying for diabetic insurance and not an alternative plan.

Acceptance is guaranteed. Benefits include doctor visits, hospital stays, prescriptions, surgery, blood tests, x-rays, emergency room services and many other services that will support your specific condition.

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