Australians Should Compare Health Insurance Policies for Pre-Existing Condition Coverage

Saturday, June 2, 2012

Understanding your health insurance options can be confusing to begin with. If you or someone you love suffers from a pre-existing condition - that is an illness or condition that began within six months of acquiring health coverage - it becomes even more complicated. Determining whether your medical treatments are covered by your existing insurer can be just as intimidating as finding yourself insurance plans in anticipation of needing medical treatment. The sense of confusion and fear is often compounded by the stress endured from the medical condition itself.
There are online websites in Australia that can help you understand your rights when it comes to health insurance coverage, so you can compare coverage options and make a decision that suits your medical needs, and your budget.
A growing number of Australians suffer from chronic health problems, including heart disease and diabetes. A deficient diet, combined with a sedentary lifestyle are primary culprits in some of today's most common health problems. In addition to the challenges and risks of living with a chronic illness, many people who do not already have health coverage face the daunting prospect of what the cost of adding private insurance to their household budget will mean.
It is important to first examine the different types of insurance coverage available so you can move forward armed with the knowledge you will need to make intelligent comparisons of different policies offered by different insurers. Private health insurance often covers most medical treatment costs. Unfortunately, fewer and fewer Australians are able to afford private coverage, and for anyone suffering from a chronic illness, the idea of having no medical insurance can be downright frightening. Medicare is an alternative for those who do not have private coverage, however it may not be enough to pay all the medical expenses necessary to treat certain conditions.

In the past, insurers could refuse coverage to people with pre-existing conditions. However, legislation passed in 2007 halted the insurance companies' ability to refuse coverage for any pre-existing condition, making private health insurance available to anyone who needs it. However, when you compare insurance premiums, you could discover that a pre-existing medical condition increases the cost of the policy, and that a waiting period before treatments are covered may be required.
For many, private health insurance is simply unaffordable once the pre-existing condition rates are factored in. Insurance companies are not making much of a profit, if any, on these policies, and prefer to work with healthy individuals who are less likely to use their health care benefits very often. When a pre-existing condition factors into your health insurance coverage, you have no choice but to compare policies carefully to determine which insurer has the best coverage for your treatment needs, and your budget. find valuable information on comparing providers, and answers questions on difficult health-related subjects, including pre-existing conditions.
There are few things in life more challenging than dealing with chronic illness. Making tough decisions should not have to include worrying about which insurer can offer the best health coverage at the best rate. Find out more about your options and your rights when it comes to comprehensive health care by visiting online insurance comparison sites and examining your options.
Author Liz Ernst writes on health insurance matters in Australia and the U.S.
 

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