When the time comes to buy health insurance for you and your family, you may be unsure as to what benefits you will receive, and which ones are not automatically covered. There are many myths regarding individual health insurance plans, and in this article, we will try and clear up some of the more obvious ones.
Myth 1: I don’t need health insurance because I am young and fit
This myth is one of the most common when it comes to personal health insurance, but anyone can be taken ill at any time, and it is best to get health insurance cover from a young age. Also, because you are young and healthy, your premiums will be a lot lower than if you were to wait and take out health insurance in middle-age, for example.
Myth 2: I do not have to declare any pre-existing illnesses
This attitude is totally wrong. When signing up for health insurance, you must be honest and declare any pre-existing illnesses and diseases you may be suffering from. If you fail to declare these pre-existing conditions, you may find your insurer will discover your medical history and reject your request for a claim.
Myth 3: I won’t get health insurance because I’m a smoker
A lot of people think that because they are a smoker they will not be eligible for medical insurance, but this is another myth. Even though smokers are more at risk of health problems, most health insurance providers will offer a range of policies to cover them. Nevertheless, since smokers are more at risk from certain illnesses and diseases compared to non-smokers, the premiums will be higher.
Myth 4: Pre-existing illnesses are covered from the start
In fact, the opposite is true, with most health insurance policies coming with a waiting period of 30-days, except for accidents, before you can make any claim. For pre-existing illnesses, the waiting period can be anything from two to four years.
As you can see, it is important to take the time to compare different medical insurance policies online, so you can choose the one most suitable for your needs.