Waiting period for pre-existing diseases?

Question

Waiting period for pre-existing diseases on my health insurace is 5 years. I have already maitnined the policy for 3 years. now if i go for policy with another insurer, do i need to again start fresh the waiting period or will the passed by years count?

Answer 1

In the USA,  there is a federal law that says if you have more than 12 months UNINTERUPTED coverage, when you go to a new ploicy,  there is no waiting period for pre-existing conditions.  When you leave you exsting insurance company,  they will mail you a certification of insurance to give to your new company.

Answer 2

The waiting period is different for every company, and you will have had insurance prior to being on the new policy so that will eliminate some of the pre-existing time period with the new insurance.  It just depends on who your new insurer is and how long they determine the time period for.

Answer 3

No your waiting period will start all over again.

Answer 4

5 years is pretty outrageous. In VA the longest wait I have seen is 12 months.  Some carriers will give you credit towards the waiting period if you have credible coverage.

You should contact a local broker who will be familiar with the plans in your state.  A Broker represents multiple carriers and should be able to tell you what your options are.

For example a typical broker can have access to 10 major carriers and 60 different plans just for one state.

I suggest using yellowpages.com to search for health insurance brokers in your area.

Don't call your auto and home agent they specialize in property and causality insurance. You need someone that specializes in health insurance.

Why don't you post in yahoo india?

Good Luck