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All pre-existing conditions need to be declared on your policy. This may help you to avoid large medical bills if you need treatment in another country. Failure to disclose any pre-existing medical conditions may affect the validity of your policy should you need to claim.
What is a pre-existing condition? A pre-existing condition is a medical condition that has been diagnosed prior to starting insurance coverage. While health insurance companies can no longer refuse to cover treatment or raise rates for pre-existing conditions, no such law exists for life insurance carriers.
About Nevada's Mini-COBRA Insurance Law When the federal COBRA law doesn't apply, Nevada state statutes gives workers of businesses with 19 or fewer employees the right to continue their employer-sponsored health insurance.
The time period during which a health plan won't pay for care relating to a pre-existing condition. Under a job-based plan, this cannot exceed 12 months for a regular enrollee or 18 months for a late-enrollee.
Health insurance companies cannot refuse coverage or charge you more just because you have a pre-existing condition that is, a health problem you had before the date that new health coverage starts.
Quick Answers to Common Questions If you don't disclose a health condition and it is discovered later by your insurance company, it could prevent or stop your coverage completely.
What Is the Pre-existing Condition Exclusion Period? The pre-existing condition exclusion period is a health insurance provision that limits or excludes benefits for a period of time. The determination is based on the policyholder having a medical condition prior to enrolling in a health plan.
existing condition exclusion can not be longer than 12 months from your enrollment date (18 months for a late enrollee). existing condition exclusion that is applied to you must be reduced by the prior creditable coverage you have that was not interrupted by a significant break in coverage.
Insurers have to provide a written notice indicating that a pre-existing condition is applied, and the exclusion period countdown begins immediately after any plan-required waiting period. In some states, insurers may place additional restrictions on whether they can include a pre-existing condition exclusion period.
Health insurance companies cannot refuse coverage or charge you more just because you have a pre-existing condition that is, a health problem you had before the date that new health coverage starts.