UNDERSTANDING TYPES OF HEALTH COVERAGE
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Guaranteed Issue Health Insurance
Guaranteed Issue Health Insurance provides coverage to patients who may be ineligible for other types of health plans. If you have a pre-existing condition such as heart disease, cancer, AIDS, or diabetes, then a Guaranteed Issue Health Policy may be the best option for you.
Guaranteed issue policies may have an initial waiting period of up to a year before pre-existing conditions are covered. Some policies may require that you are employed, although some policies do not insist upon this qualification.
A guaranteed issue plan will cover most of your healthcare needs, including physician visits, hospital care, and in patient and outpatient care, and most guaranteed issue policies are also guaranteed renewable.
Do I Need a Guaranteed Issue Health Insurance Policy?
If you would not typically qualify for a healthcare policy due to pre-existing conditions, then a guaranteed issue health policy may be helpful to you.
Can I Be Ineligible for Guaranteed Issue Health Insurance Policies?
Almost every patient can qualify for a guaranteed issue health plan. Even if you don't qualify for regular health insurance policies because of a pre-existing condition (heart disease, etc.) you will almost certainly qualify for a guaranteed issue policy.
What Does a Guaranteed Issue Health Insurance Policy Cost?
Guaranteed issue health plans are offered at a range of costs, depending on what type of premium and deductible you choose.
Are There Other Options Besides Guaranteed Issue Health Insurance?
For patients with pre-existing conditions, a guaranteed issue health policy is ultimately the best option. If you are healthy, buy a health insurance policy now in order to save on your deductible and your premiums.