A health insurance application may seem more stressful than a college application. As the paperwork requirements pile up and the required information increases, it may be enough to raise your blood pressure on the spot.
Gratefully, there are a few easy steps you can take to simplify the application process when looking for individual health insurance. Filing a complete and accurate application is crucial, because insurance companies will double check and cross examine each application. Be sure you have your ducks in a row ahead of time to keep your application at the top of the list.
When applying for health insurance, first gather all of the basic information necessary for most insurance companies. Most of these are simple questions such as name, address, and social security number. Next gather these basic medical documents:
1. Any other current health insurance policies you may have including Medicaid or Medicare
2. Specific details regarding any situation in which you were previously denied health coverage, or had your previous policy cancelled.
3. Basic information regarding past medical visit, diagnosis or medications. This is not always necessary, but in some cases, specific medical history information may be requested. If you are unsure of your complete medical history, it is best to obtain a copy of your medical records from your current physician's office and have them on hand to use as a reference.
A pre-existing condition is defined as: “a condition, physical or mental, for which medical advice, care, or treatment is provided before you enroll in a policy.” It is crucial to disclose any and all pre-existing conditions in your health insurance application. Having a pre-existing condition does not mean you will be automatically denied coverage. However, if you are accepted for an individual health insurance policy, your pre-existing condition may be excluded.
If you purposely omit or lie about pre-existing conditions during the application process, your application may be denied or cancelled. Laws concerning pre-existing conditions vary by state so it may be beneficial to talk to a representative to get specific information about laws in Kentucky.
The dotted line at the end of the individual health insurance application is more than just a place to write your name. Signing on the dotted line indicates that all the information provided is accurate. False information or dishonest responses can result in your insurance policy being denied or terminated.
When you receive word back from the insurance company, you will be notified if you are denied or accepted. If your application is denied, or if your premiums are too high, there may be state programs to offer assistance. Contact your state insurance department to see what programs are available to you.