Which health insurance plans cover pre-existing conditions?
There are three different types of health care plans:
Each type of plan has a different approach to 'pre-existing conditions'.
Medically Underwritten Plans:
Will exclude pre-existing conditions. Conditions that are considered chronic in nature will generally be excluded on a permanent basis, while conditions that are acute in nature may be excluded initially with the potential to be reconsidered after a period of time (e.g., 12, 24, 36, 48 months).
Guaranteed Issue Plans:
Will cover pre-existing conditions, so long as you apply within 60-90 days of your employee group benefits terminating (some insurance companies offer 60 days to make this transition, while others 90 days).
Guaranteed Acceptance Plans:
Will always cover pre-existing conditions. An in-depth blog post article can be found here: https://aeva.ca/blog/what-are-exclusions-for-pre-existing-conditions-how-do-they-work
- Medically Underwritten
- Guaranteed Issue
- Guaranteed Acceptance
Each type of plan has a different approach to 'pre-existing conditions'.
Medically Underwritten Plans:
Will exclude pre-existing conditions. Conditions that are considered chronic in nature will generally be excluded on a permanent basis, while conditions that are acute in nature may be excluded initially with the potential to be reconsidered after a period of time (e.g., 12, 24, 36, 48 months).
Guaranteed Issue Plans:
Will cover pre-existing conditions, so long as you apply within 60-90 days of your employee group benefits terminating (some insurance companies offer 60 days to make this transition, while others 90 days).
Guaranteed Acceptance Plans:
Will always cover pre-existing conditions. An in-depth blog post article can be found here: https://aeva.ca/blog/what-are-exclusions-for-pre-existing-conditions-how-do-they-work