Health Insurance And Pre Existing Conditions
This article will explain how current rules protect most Americans with pre-existing conditions, how those rules have changed over time, and when pre-existing condition exclusions and waiting periods are still used. At the end of the day, private insurance companies and health plans are businesses that are focused on their financial bottom line. It’s in their best interest, therefore, to exclude people with pre-existing conditions (or make the coverage unappealing to them), impose a waiting period before coverage starts, or charge higher premiums and out-of-pocket expenses to cover people with pre-existing conditions since those people are likely to cost the insurer more in claims expenses....