Health insurance is essential for managing health conditions. However, there are important things to know about health insurance and pre-existing conditions.
Pre-existing Conditions and Health Insurance
The definition of a pre-existing condition is anything you have before starting a new insurance policy. This could be a pre-existing case of asthma, diabetes, high blood pressure, or mental health disorders. Health insurance providers will often ask for any pre-existing conditions, as they generally lead to higher hosts due to on-going treatment or a higher percentage of future claims.
Many UK Private Medical Insurance providers will cover pre-existing conditions if they meet certain requirements, such as being stable for at least two years and not requiring medicine or advice. However, this varies from insurance policy to insurance policy. For example, Vitality, Freedom Health Insurance, Bupa, and Exeter do not cover pre-existing conditions. But Aviva will cover a pre-existing condition that hasn’t needed attention for at least two years.
Affordable Health Insurance with Pre-existing Conditions
Securing affordable https://premierpmi.co.uk/health-insurance-for-pre-existing-conditions/ may appear overwhelming at first, but there are options available to you. You will want to look for policies that have moratorium underwriting. Moratorium underwriting is a type of coverage that gives benefits after a set period of time if the condition stabilizes.
In addition, health insurance providers often offer full medical underwriting. This means that you’ll have to disclose all pre-existing conditions during the application process. This will give a better idea of what is covered but may lead to exclusions or higher premiums.
What is a Pre-existing Condition?
A pre-existing condition is any type of ailment that you have before applying for a new health insurance policy. Ailments can be a disease, injury, or condition. The most common types of pre-existing conditions are diabetes, arthritis, and heart disease.
Knowing the specifics of your pre-existing conditions and how they’re categorized can help when you’re choosing a policy. To ensure you’re choosing the right policy that opens the most doors for you, always consider using a health insurance consultant like PremierPMI.co.uk.
How to Get Health Insurance with a Pre-existing Condition
You may have to do a bit more research than normal when it comes to pre-existing conditions. FIrst, you will want to check with your employer’s group health insurance. It is possible that this health insurance may cover pre-existing conditions. You can look for PMI policies that have moratorium underwriting, meaning you’ll be covered if the condition has been stable for several years.
If you work with an insurance broker like PremierPMI.co.uk, you will have access to more information at the touch of a button. You can be advised on the intricacies of health insurance policies and which ones will be more likely to provide affordable coverage.