Health Insurance Missouri City TX

 

 

Health Insurance Missouri City TX

How Health Insurance Is Priced

Ask anyone how health insurance is priced and you will get a simple answer: Health Insurance Missouri City TX! Beyond that, there are underwriting criteria used by health insurance providers, whether they are for-profit or, like Blue Shield/Blue Cross, nonprofit.

Underwriting Criteria

Age. The older you are, the more likely you are to get sick; ergo, the higher your Health Insurance Missouri City TX.

Number of people covered. Many people buy family coverage rather than individual policies. This means that there will be adults as well as minor children protected by the same plan. Some companies will charge based on the size of the family. Others charge a basic family rate without regard to the Health Insurance Missouri City TX.

Gender. Unlike life insurance, where women get the better end of the bargain than men, in health insurance women often pay higher premiums. This is based on health insurance industry statistics which indicate that the female of the species tends to need medical care more often than the male.

Health history. Insurance operates on statistical probabilities. If you have had a poor health history, statistically you are more likely to have a more expensive health care future. This, in turn, means that you will pay higher premiums—if you can get health insurance at all. For example, Susan A. Nessium, the founder of Cancervive, an organization dedicated to assisting those who have fought cancer, states that many former cancer victims are considered uninsurable by insurance companies, even years after they defeated the disease (as was the case with Richard Darby’s letter quoted earlier). Hence the importance of becoming a member of a large group for Health Insurance Missouri City TX. (Why is it that insurance companies are a lot like banks—if you need them they don’t want you, but if it looks like you don’t need them, you can have their services on a silver platter?)

Occupation. The more likely you are to suffer injury or illness because of the work you do, the more likely the health insurance industry will be to charge excessively for benefits.

This may be well and good for professional deep-sea divers. But the industry has begun to stretch the concept into areas that have nothing to do with the inherent danger of Health Insurance Missouri City TX. The New York Times recently published an expose’ on the increasing number of professions to which health insurance companies will not issue policies. According to the Times, coverage is not denied because the professions are inherently dangerous, but because high numbers of homosexuals are thought to be among their members. In essence, what the health insurance carriers are trying to avoid is the likelihood of paying for the treatment of AIDS.

 

0/5 (0 Reviews)
0/5 (0 Reviews)