Individual health insurance plans are available with several benefits for insured person but it has also many disadvantages that one must consider before purchasing the plan.
Individual health insurance plans are available with several benefits for insured person but it has also many disadvantages that one must consider before purchasing the plan. Relocation can cause some trouble in coverage with an individual health care plan. Individual health plans are regulated through state and if a person move to different state then it need to be replaced. Individuals who are getting health coverage through COBRA also face same type of disadvantages. It is important for every person to know about the health care rules of the state where he is moving.
See relocation terms of plan: Individuals health plans are generally not portable unlike group medical insurance plans. HIPAA or Health insurance portability and accountability act that are federally designed provide protection for group plans when person is moving to a different state or starting a new job at new place. But this federal law does not apply for individual plans. If any person has individual health coverage then the person is bound with the particular state from which the person has health coverage plan.
See the terms and regulations: Individual health insurance plans are regulated through the state laws and it can be possible that the coverage available with a particular plan in a state does not exist for another state. So, before enrolling in any plan it is important to know about the norms of health plans of particular state.
Pre-existing health conditions: If a person has pre-existing health condition then how the person is treated depends upon the insurance regulations of that particular state in which the person is relocated. State laws can limit the pre-existing exclusion period length or may also prevent the pre-existing condition to include in the coverage. However, pre-existing health condition laws may differ from one state to another.
Short-Term Insurance: Such insurance plans are useful when a person relocate from one place to another. Such insurance plans are available to provide health security for 12 months. These plans can be used until one get residency or driver’s license that takes at least three months.
If you are relocating to a new place then it is important to know about these things.
Albert Johnson is author of this article and a successful financial advisor of UK. His articles are based on health insurance. He shares useful information on private medical insurance and private medical insurance through his articles.
ListFree.org: Embedded data.
|Contact us at :|
|Issued By:||Albert Johnson|