Medicare Supplement – Insurance Quotes

A medical exam may be requested before you are able to receive medical insurance. There are many reasons for the requirement of a medical exam. Your health will be evaluated and used to price your coverage. If your health is good and you are not involved in anything the insurance company finds dangerous or high risk your rates will be as low as possible. Insurance companies vary in what they determine to be high risk or dangerous but most agree that smoking, drinking, or participating in extreme sports are considered high risk. You can even be penalized for your occupation if the insurance company finds it dangerous.

Medical exams are given to anyone seeking medical insurance coverage. The information gathered at the medical exam will be returned to the insurance company. It will then be scrutinized for any details that they may consider high risk or dangerous. Habits such as smoking and drinking can fetch you a higher rate for coverage. Hobbies such as rock climbing, parasailing, or dirt biking may get you denied for coverage or if they accept you can expect to pay a much higher rate.

It may seem unfair to you to pay extra due to your hobbies and habits. But it is unfair for someone who does not participate in them to pay the same as you too. The insurance companies use a great deal of details to make the medical insurance coverage fair for the individuals as well as for them. You have to expect that you are more susceptible to injury of you partake in extreme sports. You are more likely to suffer from lung cancer if you smoke and your liver is more likely to be damaged if you are an excessive drinker.

Your previous conditions and any existing problems you may have will be revealed at your medical exam. The insurance company you are dealing with may or may not cover an existing condition. There are various stipulations on this subject, such as allowing the condition as long as it has not been diagnosed or treated prior to the medical exam, and there are some medical insurance companies that will allow the condition to be covered even if treated prior. Be sure to ask about this policy before undergoing a medical exam. If the insurance company finds an undiagnosed condition and they won?t cover you for it then it might hinder your chances of finding one that will.

Medical exams for the medical insurance industry are extremely necessary. It would be irrational for the insurance companies to believe that everyone who applied for the policies were in great health with no dangerous or high risk behaviors. The medical exam helps to determine the high risk individuals from the lower risk ones. The exam is also in place to protect the insurance company from fraud. There are those who would only obtain the insurance policy once they knew they were ill or sustained an injury. With this protection it in turn saves the insurance company money which will lead to better coverage as well as better rates for you. You are rewarded for good behavior and not only penalized for the bad. If you stop smoking or are no longer drinking excessively the insurance policy can be re-evaluated and your rates lowered.

Susan Reynolds is the webmaster for a leading South African Insurance Provider who specialises in Medical Insurance Options.

Tags: Health Cover, Health Insurance, Insurance, Medical Aid, Medical Cover

This entry was posted on Thursday, March 11th, 2010 at 12:54 pm and is filed under Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.