Medical History Aspects that Health and Life Insurance Companies are Most Concerned About

If you think that illnesses like diabetes and cancer in your medical history are the only things that health and life insurance companies care about, think again. Those are not the only possible causes of death. There are also other data that your medical history could reveal and which a health and life insurance company would consider alarming.

Medical History Aspects that Health and Life Insurance Companies are Most Concerned about
If you wish to know how your medical history makes you look in the eyes of a health and insurance company, the following questions will allow you to determine the answer for yourself.

Vices. Obviously, if you are guilty of consuming too much alcohol, nicotine, and drugs even once in your life, this will be reflected on your medical history and your health and life insurance company would naturally learn about it. It’s possible that they won’t require you to pay exorbitant rates for insurance, but rest assured that you’ll still be charged a slightly higher rate than they would charge other people who are free of any vices.

Top 10 Most Common Causes of Death in the United States. If your medical history reveals you to be in danger of having any of the top 10 most common causes of death in the United States, you will be definitely charged higher health and life insurance rates.

As of 2000, the Centers for Disease Control and Prevention cited the following as the most common causes of death: heart diseases, cancer (of all kinds), cerebrovascular diseases, chronic lower respiratory diseases, accidental or unintentional injuries, diabetes, influenza and pneumonia, Alzheimer’s, nephritis or other similar disorders, and lastly, septicemia or having bacteria in the blood and which originates from an infection from any part of the body. Septicemia is also considered a common disease resulting and associated with other more serious diseases like SARS or severely acute respiratory syndrome.

Accidents and Job-Related Injuries. Your medical history contains information about every visit you pay to your doctor. Your health and life insurance company will not, however, stop from merely reading what your injuries consisted of. They will also determine the causes behind the injuries. If they learn that you had an accident due to your job or a particularly nasty hobby, those will definitely initiate a new round of questions for you to answer.

According to the National Safety Council, being a pedestrian, pedalcyclist, and motorcyclist are the top three most common reasons for a person to get into an accident. Obviously, being a pedestrian is something that none of us can help. But using a bicycle or motorcycle are obviously two things that cannot happen without your consent – regardless of whether or not it’s required by your occupation – and these may also make an insurance company charge you a higher premium.

As mentioned earlier on, being involved in an accident will be included in your medical history and allow a health and life insurance company to research about your past. Consequently, they’ll find out whether or not you’re telling the truth about your occupation. The National Crime Victimization Survey reported police officers, private security guards, taxi drivers, prison guards, and bartenders as the top five riskiest jobs as of 2000. If your work by any chance falls under any of these categories then prepare yourself for another negotiation because it will take a lot of convincing for an insurance company to still give you low rates.

Emotional, Mental and Psychological Disorders. Physiological risks are not the only things that an insurance company would be concerned about. If your medical history reveals that you previously suffered from any emotional, mental or psychological disorder, the health and life insurance company will then take the necessary actions to determine if you are still suffering from the disorder today, and if you are taking appropriate medication and treatment for it, and also if there are any chances for you to become suicidal or have violent tendencies in the future. Obviously, a ‘yes’ to either question would not reduce your insurance rate.

The worst thing about any person’s medical history is how it often portrays past and present events entirely in black and white, making it harder for you to convince the health and life insurance company to give you a more affordable option. But rest assured that it is possible – and you don’t have to lie about it!

Using Your Prepaid Credit Card For Health and Medical Related Expenses

Health prepaid credit cards are fundamental prepaid card that presents an “Executive benefits Package”. It is the type of memberships, which permits members and card holders to save on purchasing, health and roadside assistance cost. A comparatively small although rising number of individuals carry little-used health cards in their purses to pay for health and medical related expenditures.

A recent review concerning paying for health care found that a new means is civilizing the procedure of spending and compensation for medical care. The review set up that consumers with prepaid health cards were far more content with being able to without difficulty and competently pay for appropriate health care expenses.

The cards correspond to a good choice for probable new profits for banks and card issuers who took a memorandum of two key developments in the medical care marketplace:

The increase in out-of-pocket medication overheads for clients.
The move toward professed consumer-directed health insurance plans in that consumers before employer shoulder more of the medication expenditure.

Along with the getting higher rate of medical care expenses, consumers’ top concerns incorporated making certain they disburse the correct amount for expenses and deductibles, receiving the right reimbursement amount from insurance, offering receipts and dealing with the rules and regulations to give money back.

Problems with other cards

Debit cards joined to health savings accounts have been enormous prospective to make more efficient how consumers compensate for medical operating expense. Although health and financial services industry analysts’ state routine employ of debit cards to speed the whole medical payment procedure is not in the near prospect. Even devoid of the recession phase, everyday expenditure hasn’t taken off as banks had expected. The cause is the card providers underestimate the difficulties before them in acclimatized payment cards to the health care ground. They create the payment procedure much more complex than predictable and still tethered to burdensome paper-based handing out ways.

Solution lies in health cards

Debit card holders will be charged a cost when you deposit cash to your card. Majority percentage of clients says the procedure of submitting receipts and being refunded is excessively burdensome. This means that thousands of inhabitants may be leaving money on the table since the process is burdensome. Prepaid health credit cards resolve the payment and compensation hassles. It provides the consumers a means to save time, paperwork and headaches.

Health and Medical Insurance Quotes – Discover How the Internet Can Help You Find an Affordable Plan

Getting a health and medical insurance quote provides a number of things. Firstly, you are assured of a safety net in times of accidents, ailments, as well as injuries brought on the body. Secondly, through health and medical insurance, you can carry out laboratory tests, screens as well as vaccinations hence ensuring that you are calm and collected and in good health.

With a vast number of insurers offering these services, the need for a health and medical insurance quote that best fits into your personal needs, wants, as well as preferences can never be overlooked. There are a number of ways that you can get insurance quotes. The very first method involves searching online for quotes.

Most insurers have taken up the use of the online portal to advertise and sell their plans due to a number of factors. Firstly, a greater audience is reached. A number of individuals are often looking for a health and medical insurance quote that best fits into their financial needs as well as personal tastes and preferences. The internet has brought this services closer to them through enabling them access to information regarding the quotes just by a click of a button.

In addition, the internet offers an instantaneous and seamless interaction forum. Due to the need for personalization and customization, insurers have picked up the use of the internet to facilitate this. A quote can be discussed as well as modified thanks to the internet. Last but certainly not the least, the internet offers vast opportunities for one to research as well as compare the various health and medical insurance quotes that are available in the market.

When seeking a health and medical insurance quote, there a number of plans that you should consider. Take note of the indemnity plan. Deemed the most expensive, this quote though offers a vast variety of services as well as perks for one to choose from. As discussed, a health and medical insurance quote seeks to provide a safety net hence you should always make sure that your net is well fixed. This can only be done by having an insurance plan that is suitable for your needs.

You should also consider the health maintenance organizations plan. As the name suggests, this plan sets up a health and medical insurance quote that enables you to seek treatment from a number of organizations. It is relatively affordable and can be used for a wide range of services as well as products. There are other plans available; you should ensure that you carry out a thorough research before settling on a given quote. Finance is the major factor that influences the options available on given health and medical insurance quotes. Ensure you know of your premiums, co-pay package, as well as the amount of deductibles that will be charged.

How to Identify a Fraudulent Health and Medical Insurance Company in Indiana

One reason why a fraudulent health and medical insurance company in Indiana finds it easy to deceive consumers is because most people think they already know everything, when in reality they know far less. Reading this guide will only take minutes of your time, but those minutes are enough to save you thousands of dollars from insurance fraud.

Tip # 1 A fraudulent health and medical insurance company in Indiana will first and foremost be an unlicensed one as well, in most cases. Being licensed would subject them to regular inspections from the government and thus increase the chances of getting caught red-handed with their hands in the cookie jar, or in this case, dabbling with money that does not belong to them. But there are some insurance companies that are still more daring than most. Thinking that they can get away with anything, these companies do acquire licenses and that’s why being licensed is not a sole and adequate guarantee that you won’t get fooled.

A fraudulent health and medical insurance company in Indiana will often be unable to provide you with information about their licenses. If the insurance company you’re currently transacting with acts the same then it’s safer for you to switch to another company.

If it’s willing and able to provide information, however, that’s good, but it’s not good enough. Have the information confirmed by your state’s insurance department before proceeding to the next step.

Tip #2 When one thinks of a fraudulent health and medical insurance company in Indiana, one would usually think of a company that charges exorbitant fees. But fraudulent companies are wilier than that. What they offer you instead are insurance options that seem too good to be true.

And that brings us to the next rule: if something’s too good to be true, it usually is. And though most people know this maxim well, they still find it almost impossible to resist temptation when the bait’s being dangled in front them.

If the insurance costs seem unbelievably low, you have to ask yourself and the insurance agent: how can the company still afford to exist if they’re asking incredibly low payments from their clients? If they cite generosity as the excuse, take that as proof that you’re dealing with a fraudulent health and medical insurance company in Indiana.

Insurance companies can be magnanimous, yes, but never at the expense of their profit!

Tip #3 A fraudulent health and medical insurance company will ultimately come across as an understanding partner. In fact, the agent will in the end act too understanding that his attitude becomes suspicious. Is it smart for an insurance company to insure all types of individuals, even those who are three months’ shy from death’s door?

Obviously, the answer is no. We’ve already recently established that insurance companies are anything but stupid. They can be fraudulent, somewhat generous, wily, but they’re never stupid.

And that brings us to the third rule to follow: don’t let an insurance company insure you if he’s willing to insure your 115 year old, cancer-struck great-grandmother. There are of course insurance policies that don’t require medical exams to be taken but these insurance policies are only given to clients who are able to satisfy certain conditions. If you’re not asked to fulfill certain requirements to be insured without a medical exam then once again, you’re at the risk of dealing with a fraudulent health and medical insurance company in Indiana.

Tip #4 In most cases, a fraudulent health and medical insurance company in Indiana would have questionable policies regarding money matters. Firstly, these companies usually insist on receiving cash payments alone. They don’t accept credit cards or checks. They just want cash, and that’s especially strange if you’re paying a large amount of money.

Secondly, they might also insist in learning certain details that any other insurance company would care nothing about. If they’re asking you about your bank account’s PIN or something similarly classified, beware because those are yet another sign of a fraudulent health and medical insurance company in Indiana.

Tip #5 Lastly, have your insurance contract read and reviewed by a legal counsel you trust. No matter how smart you are, a loophole or two may still escape your notice. You don’t have the professional training that lawyers have so allow them to do their job and determine whether you’re not in danger of negotiating with a fraudulent health and medical insurance company in Indiana.