Is there anyone who, like me, has been denied health insurance due to preexisting conditions?
I have now been turned down health insurance by two companies. The preexisting conditions are not valid as they are 25 years old. Shopping for health insurance is something we do which will lead to trouble when the insurance companies use only a few underwriters to judge who will be accepted and who will be denied. Now we are asked if we have ever been refused insurance. That is a stigma which follows me around now. Now that I have read some of the statements by others who have been denied, I see that I will probably never be able to get private health insurance in the system we have now with my diagnosis of cancer from the past. That is a frightening realization. People are being refused for conditions which are not chronic nor proven. This can be a personal tragedy, but in the bigger picture there is an even bigger tragedy which can occur nation wide to the health care industry. The system isn't working and I don't have have the answers.
I feel so badly for you. Unfortunately, this is an all too often occurrence, especially when applying for private or individual insurance as opposed to group plans.
There are insurance companies that will insure you despite having a preexisting condition, but you will probably have to pay higher premiums. Look on Google.
I hope everything turns out ok for you.
Filed under Health Insurance by on Mar 16th, 2010. Comment. 
1. How does an insurance company decide how much a particular policy costs?
The price of a policy is a life insurance company's calculation of the amount of cash necessary to gather from each member of the insurance pool. The price is always dependent on the mortality tables and the calculation of the size of the risk the company is taking on by being the insurer of your life insurance policy.
2. How does an insurance company assess their risk in insuring an individual?
When somebody applies for a policy, the company will inquire about their health status and often require a medical exam. The company will use information gathered to determine if and how they want to insure the individual.
This determination of "if" and "how" is referred to as "underwriting." There are not many limits on the type of information underwriters can take into consideration.
3. Do all life insurance companies require a medical examination?
Often companies will require a physical medical examination prior to agreeing to insure an individual. Generally, they have a company doctor that will conduct this examination. This doctor or medical technician may have their own office or may even come to the potential insured party's home for their convenience. The company should not charge the potential insured party for this exam.
4. What types of questions will the company ask when applying for a policy?
It is common for life insurance applications to ask the following questions:
Do you regularly use tobacco or tobacco products? Life insurance companies strongly believe that smoking or using tobacco products in any form can make an individual's life shorter and will charge higher premiums for smokers.
Do you have AIDS, cancer, heart disease, or are you HIV+? Depending on the severity of any health conditions such as these, a life insurance company may sell you a policy at the normal rate or possibly charge you a more expensive price. If the health problem is extremely severe, most life insurance companies will directly reject your application.
Do you have a hazardous career? With more dangerous jobs, companies tend to charge a more expensive price for a life insurance policy. If your job requires an above average amount of risky, life threatening behavior, expect a higher cost for life insurance.
Does your immediate family have a history of fatal diseases or death at a young age not due to an accident? The company is not barred from questioning you about you and your family's health history. Diseases that commonly run in the family that are fatal, such as heart disease, Sickle Cell Anemia, or cancer may cause a company to reject your application or charge you a higher rate.
5. What other questions can I expect to be asked?
A life insurance application may ask seemingly unrelated health questions to asses high risk behavior.
Some of these questions may include the following:
In the past seven to ten years have you ever been arrested for driving under the influence? Diagnosed or medically treated for cancer, AIDS, HIV, chronic lung disorder, heart disease, diabetes, stroke, or liver problems? Recommended by a medical professional to cease or reduce drinking alcohol?
Are you currently or have you ever been disabled or forced to retire due to an illness or injury?
Answering "yes" to any one of these inquiries may result in getting an application denied, but it is far better than answering dishonestly and then having a claim refused later down the line. This outcome could result in your beneficiaries getting nothing if you should die.
6. Can companies use genetic testing to determine whether or not they want to insure someone?
Life insurance companies often use genetic testing to learn as much as possible about their potential clients. By administering a blood test, companies can determine not only what diseases you may currently have, but ones you may get in the future as well. Some states do not permit this kind of testing for health insurance purposes, but generally for life insurance, genetic testing is permitted.
Sarah Martin is a freelance marketing writer based out of San Diego, CA. She specializes in the topic of life insurance: policies, companies, agents, and advice. For a free quote, please visit http://www.equote.com
Filed under Health Insurance by on Dec 29th, 2009. Comment.