After 15 years in the field of health insurance, I can not tell you how often I ask myself: Why individual health policy, much cheaper than a comparable group plan? ”
Well, the answer is quite simple. In the State of Florida, a real insurance is a small problem warranty. In short, even if you have multiple chronic diseases such as heart disease or cancer, may deny you the insurance does not cover. However, you must complete the entire duration of a small business, and to avoid an existing clause in the policy, you would be required to have 12-24 months before the insurance coverage. It is the case, the company is not only about politics, but they are also on the hook for their share of claims.
However, in the State of Florida, an individual plan based on your medical history, height, weight, ZIP code you live and whether you are a smoker be completed. This subscription offers capacity of insurance companies the ability to see in advance what kind of risk you are for them.
If they are and how you fall into the guidelines for a preferred risk, then you get a much lower premium. If you do not fall under their policy decisions, they have many options. First, they can increase the key interest rate to a point where they feel at risk. Second, they can “ride” on the parts of the body, they are not insured. Finally, they can simply deny coverage of Flat Out.
