Guaranteed Issue Health Insurance Details

The guaranteed issue health insurance is a type of plan provided for individuals who are disqualified in obtaining the traditional health insurance because of having chronic or life threatening illnesses. Through this special health policy, people with heart diseases, AIDS/HIV, cancer, hepatitis C virus, hypertension, and other related ailments are able to get financial support from their respective insurers.

Health Insurance Coverage and Cost

Since the guaranteed issue health insurance is an extensive kind of health policy, it can cover a large group of medical related expenses such as:

  • every visit to the physician
  • drug prescriptions
  • medical treatment and procedures such as biopsy, chemotherapy, surgery
  • in-patient and out-patient care 
  • laboratory examinations like blood tests and X-rays
  • emergency room care

Insurance companies offer various list of coverage depending on the type of plan purchased. The cost of insurance varies from one insurer to another. Some providers based the amount on the premium or deductible chosen by the policyholder.

Employees Rights to Health Insurance

The Health Insurance Portability and Accountability Act of 1996 (HIPAA) protects a worker with preexisting medical problems in his right to acquire a health insurance coverage including the qualified members of his household. Because of this mandate, beneficiaries of this law are guaranteed to avail the medical benefits received by the general insurance consumers.

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