Hobbes vs Boyle Photo
Some individual health insurance companies will penalize you if you have had a period of 90 days or more without medical coverage prior to applying for a new policy. I suppose their rational is that there is a greater likelihood for someone who has not been previously covered to postpone [...]
If your in-box is anything like mine, you are receiving an endless stream of offers for on-line health insurance quotes. If you are perfectly healthy and know enough about health insurance to be able to select a plan that is well suited for your situation, then this system will work well for you.
However, if [...]
Kick the habit
If the health risks associated with the use of tobacco are not enough to get a person to consider stopping, perhaps the monetary penalties will tip the scale. Not only does a tobacco consumer (cigarettes, cigars, pipe, chew, dip, etc.) have to pay for the cost of the product and all [...]
I am often asked how long it takes to get an application for health insurance approved. The answer is always the same, “it depends on how long the insurance company takes to review or “underwrite” the information you submit. Underwriting is a term insurance companies use that basically means “background check.” Individual health insurance companies [...]
When a health insurance company receives your application for health insurance, their underwriters review it to see if it meets their guidelines for coverage.
If, due to pre-existing medical or lifestyle conditions, you do not meet their requirements, your application may be declined.
My first advice, if you are declined, is to request that your [...]
When one applies for individual health insurance, the plans are “underwritten” to determine if the applicant qualifies for coverage. If “pre-existing” medical or lifestyle conditions exist, the applications might be “rated-up,” have a condition “excluded” or “denied.”
Issued Standard is the best outcome of an application. It means the policy has been issued, at the [...]