Individual health insurance will automatically exclude all pre-existing medical conditions. To avoid having issues with your coverage, it is therefore important to understand what it means exactly and to learn ways to cover them.
What is the Pre-existing conditions?
Pre-existing conditions generally refers to: The insured person has received diagnosis, medical consultation or treatment, or taken medicine, or the disease or injury that shows symptoms before the insured liability becomes effective. It is typical for chronic diseases that require continuous medication or treatment before enrolling in the insurance, such as hypertension, diabetes, chronic gastritis, or nodules such as thyroid nodules, breast nodules, lung nodules, etc. Of course, those who have had it before applying for insurance but are cured and do not require continuous treatment and rehabilitation cannot be called pre-existing diseases, such as colds and acute gastroenteritis.
What does the strict definition of pre-existing conditions mean?
The number of people suffering from pre-existing diseases and wishing to obtain health insurance is gradually increasing. On the one hand, it is caused by lifestyle habits such as Long-term sedentary, staying up late, and unhealthy eating. In addition, advances in medical treatment can also discover more and earlier diseases. For example, a member had a lung X-ray, no nodules were found, but a CT scan revealed the existence of nodules. Once a diagnosis of a lung nodule is involved, the insurance company will classify the lung nodule as an existing condition. When underwriting, it will be underwritten based on the condition of the previous disease, and additional fees may be charged for underwriting. Pre-existing conditions or exclusion of past conditions. To avoid such issue, it is better to health insurance as early as possible.
Can I still buy medical insurance if I have a pre-existing conditions?
Having a pre-existing conditions does not mean that you cannot get health insurance covering pre-existing diseases. More and more health insurance companies are now willing to consider those who already have diseases, partly because advances in medical science can make diseases more manageable. For example, some controllable chronic diseases, hypertension, hyperlipidemia, asthma and so on. However, when insuring customers with pre-existing disease, the insurance company requires the customer to provide detailed medical records and examination reports, and may also require the applicant to provide a comprehensive health examination report so that the condition can be accurately assessed. If the risk of the customer’s previous illness is controllable and predictable, the insurance company may accept insurance or increase the fee to cover the pre-existing disease in accordance with the standard underwriting. If the insurance company accepts the coverage of your pre-existing disease, you have successfully transferred the risk from yourself to the insurance company, and the insurance company will pay the expenses related to the pre-existing disease according to the benefit limit.
If you need more information, please contact our senior insurance experts, we will provide you with insurance advice, whether it is to change the insurance plan, or find another insurance plan in the existing insurance company, we can provide you with Intimate advice and service.
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