Obtaining health insurance can be a stressful situation that many people find themselves in. Health insurance is expensive and can be difficult to even be eligible for coverage. Underwriting is the process in which insurance companies use to determine if you are eligible for health insurance and how much it will cost you.
You may be less anxious about this process if you have an understanding of what questions will be asked regarding your health, occupation, and financial situation. If you know what types of information insurance companies are looking for, you can speed up the process of obtaining coverage. Not all insurance companies have the same underwriting guidelines.
When preparing for underwriting you will want to have a list of your current prescriptions and any prescriptions that you have taken in the previous two years. It is also important to understand the declinable conditions that most insurance companies use to determine eligibility for health insurance coverage. You should search each site for a list of declinable conditions. Some insurance companies will provide coverage for health conditions such as asthma and acid reflux, although they may charge a higher annual premium.
You should also know your most current height and weight, as well as blood pressure and cholesterol. If you have high cholesterol, blood pressure and weight, you may pay a higher premium for health insurance. If these numbers are too high, you may not be eligible for coverage. These factors will be taken from your paramedical exam that may be required to obtain health insurance.
The insurance company will not only review the results from your paramedical exam, but they will also review your past medical records from your physician(s). It may help to make a timeline of medical events and treating physicians to help you track your treatment and provide any anecdotal information to the insurance company underwriters.
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