| Today millions of Americans are unable to afford | | | | amount of healthcare coverage. They are |
| the rising cost of healthcare. Additionally, millions | | | | affordable and cover most pre existing conditions |
| more cannot qualify for healthcare benefits due to | | | | after 12 months. These plans are not basic health |
| pre existing conditions that make them | | | | insurance or major medical coverage but offer |
| uninsurable. These issues of affordability and | | | | what is known as "limited benefit health insurance". |
| eligibility are major roadblocks facing Americans as | | | | Simply put, the plan pays a defined amount for a |
| they attempt to secure quality healthcare. | | | | medical service or procedure. Usually covered are |
| One choice that is available to these individuals is | | | | doctor visits, emergency room visits, hospital |
| Guaranteed Issue Health Insurance. Follow along | | | | charges, surgery, accidental death, etc. |
| as we discuss some important aspects of this | | | | Q: How much does it cost?A: These plans offer a |
| type of health care coverage and see if it is right | | | | wide range of premiums depending upon the type |
| for you. | | | | of plan selected and if the coverage will be for an |
| Q: What is Guaranteed Issue Health Insurance?A: | | | | individual, an individual %2B partner or for the |
| It is health insurance that is guaranteed issue, | | | | entire family. |
| meaning no one is turned down for healthcare | | | | Q: Are there other healthcare plans that will work |
| coverage. It simply refers to health insurance that | | | | for me?A: Sure there are other options you might |
| has no medical underwriting. A policy will be issued | | | | pursue. Group health insurance is a possibility but |
| even if you have pre existing conditions. There | | | | will require an employer sponsored plan or you |
| are no medical questions, no height/weight | | | | could join a professional organization which offers |
| requirements and no physical exams needed to | | | | a healthcare plan to its membership. This may not |
| qualify. You choose your medical provider and the | | | | always be possible. |
| plan pays regardless of any other insurance | | | | You may be able to obtain individual health |
| coverage. | | | | insurance with some pre existing conditions but |
| Q: Who needs this type of health insurance?A: It | | | | most likely the insurance company will want to |
| is ideal for those individuals who find they cannot | | | | totally exclude most preexisting conditions. State |
| qualify for or afford other health care plans. | | | | high risk pools offer an alternative solution but |
| Those diagnosed with a preexisting condition such | | | | certain requirements must be met and the |
| as heart disease, heart attack, diabetes, cancer, | | | | premiums can be very expensive. For individuals |
| stroke, liver disease, AIDS, pregnancy, depression | | | | with pre-existing conditions, a guaranteed issue |
| and kidney disease will most certainly find this a | | | | health policy may still be your best option. |
| good choice. However, if you are healthy, it's | | | | Q: Is Guaranteed Issue Health Insurance right for |
| probably best to buy a traditional health insurance | | | | you?A: Remember these types of plans are |
| policy. | | | | generally for someone who cannot obtain |
| Q: What does this insurance cover?A: Known as a | | | | traditional health insurance due to medical reasons |
| "mini-med" plan, these plans provide a considerable | | | | or wants coverage for the pre-existing conditions. |