If before or at the time of buying health insurance, you are suffering from a disease, then this type of ailment is called pre-existing disease. These pre-existing health conditions can be heart ailments, asthma, diabetes, blood pressure, etc. Now, the question that might arise in your mind is that, is it necessary to disclose your pre-existing condition at the time when you buy health insurance. Yes, it is highly essential to tell your insurer about your pre-existing health condition. If you will not tell them, they will eventually find out as they assign a team for a verification process that will dig into your medical history. Also, your insurance company may ask you to go through medical check-ups. If you will not disclose, you will neither get the coverage, nor you will be able to buy the plan. However, if you disclose about your pre-existing condition, you will be able to get coverage against that disease after a certain period.
There are certain things that you should know about if you are suffering from a pre-existing disease and are planning to buy a new health insurance plan. But first let’s understand the most important thing that is related to pre-existing disease, Waiting Period.
What Is Waiting Period In Health Insurance?
The waiting period is the time span in which your insurer will not cover you against any ailments. Even, if you are suffering from a pre-existing disease, you still need to wait for at least 30 days to get benefits from your plan. In case, you are suffering from a pre-existing disease at the time of buying a health plan, you have to wait for as long as 2 years to 5 years, depending on your insurance company and type of disease. Once you are able to complete that period, you will get coverage against your pre-existing disease.
Given below are some of the essential things that you should be aware of if you are buying health insurance with pre-existing disease:
- Every Policy Is Different
When you are planning to buy a health plan, make sure you thoroughly go through the terms and conditions, and rules and regulations of your policy provider. This is the crucial thing that you should know about. You should check the list of pre-existing diseases that are covered under your health plan and what is the waiting period for that.
- Not All Type Of Ailments Comes Under Pre-Existing Disease
You should not worry if you are suffering from cough, cold, or fever at the time of buying a health plan, as these do not come under pre-existing diseases. Ailments that have a long -term effect on the policyholder such as blood pressure, diabetes, etc. are considered as a pre-existing disease.
- Always Tell The Truth
As mentioned above, you should not hide your medical condition from your medical insurance provider. They will surely assign a team that will dig into your medical history. Also, if at the time of claim they got to know that you are suffering from pre-existing disease, they have a right to reject your claim.
Make sure you read about the waiting period and list of pre-existing diseases before purchasing a health plan.