Once you look for an insurance quote, you’re invariably asked if you have any pre-existing medical conditions. The reason that insurance companies ask this question is because, without knowing what sort of health you’re in, they can’t possibly estimate simply how much coverage you’ll need. For insurance companies to survive, they need to ensure that you put aside adequate funding to cover the medical care that every individual needs as accurately as possible. This is exactly why it’s so important for you to be as accurate as possible when informing a potential health insurance provider of any medical conditions that you’ve recently been diagnosed with before buying a plan.
While it may be tempting to think that the insurance companies only wish to know about your pre-existing medical conditions in order to have a reason to overcharge you for coverage, the truth is that knowing your actual medical condition is crucial for their being able to estimate simply how much it’s likely to cost them to offer you medical coverage. If they offer you an excessive amount of coverage, then you’ll lose money by paying an excessive amount of for more insurance than you need. But if they don’t really offer you enough coverage, price of promethazine codeine syrup then they’ll lose money paying out on more medical care than they anticipated. If they try this for enough patients, they might potentially be bankrupted.
When providing information regarding pre-existing medical conditions to a potential insurance provider, it’s vital that you be as accurate as possible when answering their questions. Let them discover how much medication or how many doctor’s visits your condition currently requires every year. Let them discover how long ago you were diagnosed. Let them understand what the physician had to state about your condition in your last visit. The more accurate the info you provide, the more accurate your estimate will be.
And, most importantly, never try to conceal pre-existing medical conditions from a potential insurance provider in a misguided attempt to save lots of money on medical insurance. If it’s unearthed that you deliberately misrepresented the state of your health to the insurance company, then you might be found guilty of insurance fraud, which could cause hefty fines and possibly even jail time. It’s not worth the danger just to save lots of several dollars, and insurance companies are extremely vigilant about researching possible fraud. Once you’re ready to honestly share all the information regarding your medical history and current condition, find a reputable insurance company and look for a quote.Read More