Once you’ve been diagnosed with diabetes, you’ll find that some health insurance policies can suddenly get more expensive. In some cases, it may not even be possible to obtain one. This is because many companies are allowed to use a claimant’s medical condition as the basis for their insurance premium. In some cases, a health insurance company may also refuse to sell a policy to an individual if they have a chronic illness.
Here are some things you need to know to get insurance when you have diabetes:
You should be able to show that you can manage your condition.
Whether you have type 1 or type 2 diabetes, it is important that you are able to implement a sound management plan for your diabetes. This is one of the factors that insurance companies consider to sell you coverage, and whether you can show that you have well-regulated blood sugar levels, that you are able to lead a healthy lifestyle, and that you have no complications. caused by diabetes, you not only get coverage, but you will also benefit from lower premium rates.
Look for a policy that takes into account your general health.
Some insurance policies do not focus on certain health conditions that you may have at the time of application. There are also those that take into account your general health.
No means no, but …
Not all health insurance companies are the same. If you get rejected by one, move on to the next and if you find any that will sell you a policy, be sure to compare the rates and benefits.
Is it possible to be denied insurance if I have diabetes?
If you’re an employee and your employer is paying for a group health insurance program, you don’t have to worry. A plan sponsored by a company is not allowed to reject an individual using their medical condition as a basis. However, most companies require new employees to undergo a physical exam or provide information about their health through a questionnaire before employees are enrolled in a plan.
If you have your own insurance policy, that’s another matter. Your insurance company is not required to provide the same type of protection to a consumer. Most of the health insurance policies available to individual members have what we call “medical underwriting”, where an insurance company can decide whether or not to sell you insurance coverage.
Your request will be based on certain personal information such as your age, gender, medical history, state of health, etc. Even if you have coverage, certain restrictions may apply, which will limit your benefits and determine the cost of your premium.
It will also depend on the state you live in. Some states, for example, do not allow medical underwriting while others provide insurance companies that will provide coverage regardless of health condition. Some states even restrict the sale of health insurance policies to some residents.. To find out what your state allows, visit your local health policy agency or consult your local consumer guide to see if you will be eligible for insurance even if you have diabetes.
What other health insurance options do I have?
Diabetes will make it a little difficult for you to find the type of insurance coverage that’s best for you. However, there are some sources that you can access if it looks like you’re not going anywhere. They include Medicare, Medicaid, and Medigap. If your need for insurance is the result of losing a job or losing health coverage, you can turn to the TAA or COBRA tax credit. You can also check with large pharmaceutical companies that offer assistance programs for uninsured patients so that they have access to diabetes medications.
What health insurance is available for a person over the age of 65 with diabetes?
If you are eligible for Medicare and have a Medicare managed care policy or purchased Medicare Part B coverage, you must qualify for certain diabetes supplies such as lancets, test supplies, test strips and blood glucose monitors. and a control solution to be used for meter calibration. However, there are restrictions and limitations, so be sure to check with Medicare (MediCare.org) to see how you will qualify for which diabetes offer or service.
If you have diabetes and are looking for health insurance, you will find little