Pre-existing health conditions could affect a number of things that include the whether the applicant gets qualified for the life or health insurance. Normally, Pre-existing conditions could easily determine the rates of someone who pays for certain types of health problems and they are viewed by the insurer with higher risk. The pre-existing condition is the medical condition that is normally diagnosed for the individual’s life or health insurance benefits.
When you are an applicant diagnosed with high cholesterol or any other health condition, then you need to examine the pre-existing health conditions list to know more about rates. According to the Patient Protection and Affordable Care Act of 2014, the health insurers can refuse to issue the policy of the applicant with the history of diabetes or cancer. Affordable Care Act became the law, so most health insurance companies are not allowed to deny the coverage of applicant for any pre-existing condition.
According to the new law, the policyholder with an illnesses or chronic health condition can easily receive the same type of the health condition as a completely healthy person. Life insurance works somewhat differently so that most of the insurance companies are looking for applicants based on the pre-existing conditions for determining based on the premium at the charge. An applicant who appears healthy is qualified for all insurance rates. People with a previously diagnosed chronic illnesses or condition are considered higher risk so they will fall into the category that requires higher premiums.
Do you have any questions regarding pre-existing medical health conditions? Of course, it is always helpful to find out more about the insurance companies checks about pre-existing conditions. Check out Health IQ.com to get more information and quizzes on pre-existing conditions.