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 have the [...]
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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 [...] |
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