SHOPPING FOR
MEDICAL INSURANCE?
The current trend of
medical Insurance requires a BEWARE attitude. If it sounds too good to be true,
it is! Benefits have decreased and premiums have increased beyond affordable.
Medical Insurance has a lot of burn or Loop Holes" in the policies. Forget about the sizzle or sales
talk. You can not afford any sizzle In medical insurance because there Is so
much burn.
Get answers
before ANY medical insurance is APPLIED for or PURCHASED. Even a submitted application can be
hazardous to your 'INSURANCE HEALTH.' Why, because an application which
results in a waiver or declination can mean future insurability problems.
It will be your health
and health history that will determine what you do or don't get in Insurance,
in addition, it is your age, gender,
and your address that is considered In
underwriting What Is Insignificant to you about your medical history may be
very significant to an Insurer.
REMEMBER: IF you NEED insurance
you will not be able to get it individually. A group plan through an employer may
provide what you can’t get on your own.
An insurance
POLICY is a CONTRACT.
Laws concerning Insurance can and do differ depending on the
product, the state where the contract is sold and the state where the contract
is written. Often, WHAT YOU THINK YOU
HAVE and WHAT YOU HAVE may not be the same, Insurance is a legal contract drawn
up by the legal department of Insurance companies. Every question is asked for a specific reason. Every answer
becomes a way of denying a claim or coverage.
READ THE APPLICATION
CAREFULLY. When you complete an application, make sure you
answer every question accurately and
honestly. YOUR answers provide the points to be contested for the first 24
months of coverage by the insurance company. Any answer misrepresented can mean
claims denied or coverage rescinded.
Insurance was designed to
provide Guarantees for PEACE OF MIND. However INFORMATION PROVIDED
ON APPLICATIONS, ATTENDING PHYSICIAN STATEMENTS (APS) and the MEDICAL
INFORMATION BUREAU (MIB) provide the ways for GUARANTEES not to be GUARANTEES.
YOU provide the
information on the application. DOCTORS provide the information from your
medical record (APS). A COMPUTER from
the Medical Information Bureau (MIB) provides collectively the Information from
insurance companies on applications and attending physician statements (APS).
Misinformation from YOU, Unknown Information
from DOCTORS and Forgotten Information maintained by the MIB provides DENIALS
and DECLINATIONS.
WHAT YOU CAN DO TO INSURE YOUR MEDICAL INSURANCE
NOT
much - unless there is a change in the way health insurance is provided. For now - ASK QUESTIONS before you do
anything to change your current insurance.
Take
a stand for CHANGE. Write your
Political Representatives demanding that action is taken to Guarantee
Medical Insurance for all not just for
some. DEMAND the same rights to have health insurance that our elected
officials enjoy.
