Pre-Existing Medical Conditions - Why Insurance Companies Ask About Them

Whenever you ask for an insurance quote, you'repotentially be bankrupted.
invariably asked whether or not you have anyWhen providing information about pre-existing medical
pre-existing medical conditions. The reason thatconditions to a potential insurance provider, it's
insurance companies ask this question is because,important to be as accurate as possible when
without knowing what kind of health you're in, theyanswering their questions. Let them know how much
can't possibly estimate how much coverage you'llmedication or how many doctor's visits your condition
need. For insurance companies to survive, they needcurrently requires every year. Let them know how
to make sure to set aside adequate funding to paylong ago you were diagnosed. Let them know what
for the medical care that each individual needs asthe doctor had to say about your condition on your
accurately as possible. That's why it's so importantlast visit. The more accurate the information you
for you to be as accurate as possible when informingprovide, the more accurate your estimate will be.
a potential health insurance provider of any medicalAnd, above all, never try to conceal pre-existing
conditions that you've already been diagnosed withmedical conditions from a potential insurance provider
before purchasing a plan.in a misguided attempt to save money on medical
While it may be tempting to think that the insuranceinsurance. If it's discovered that you deliberately
companies only want to know about yourmisrepresented the state of your health to the
pre-existing medical conditions in order to have aninsurance company, then you could be found guilty of
excuse to overcharge you for coverage, the truth isinsurance fraud, which could lead to hefty fines and
that knowing your actual medical condition is crucial topossibly even jail time. It's not worth the risk just to
their being able to estimate how much it's going tosave a few dollars, and insurance companies are very
cost them to provide you with medical coverage. Ifvigilant about researching possible fraud. Once you're
they provide you with too much coverage, then you'llready to honestly share all of the information about
lose money by paying too much for more insuranceyour medical history and current condition, find a
than you need. But if they don't provide you withreputable insurance company and ask for a quote.
enough coverage, then they will lose money payingIf you need assistance in locating particular coverages
out on more medical care than they anticipated. Ifat a pre-determined price, we can help you save up
they do this for enough patients, they couldto 50% on your health insurance monthly premium.