New Health Insurance Coverage and Pre-existing Conditions

A big concern for people changing jobs and their health insurance coverage is pre-existing medical conditions. Relax a little; there are laws that assure continued health insurance coverage for employees and their families. Under the Health Insurance Portability and Accountability Act (HIPAA), health insurers could impose only one 12 month waiting period for any preexisting condition treated or diagnosed in the previous six months. Your prior health insurance coverage will be credited toward the preexisting condition exclusion period as long as you have maintained continuous coverage without a break of more than 62 days.

If you have never been recently covered by a health insurance plan, you may be subject to a 12 month waiting period on any pre-existing medical condition. On the other hand, if you have been continuously covered by a health insurance plan for two years or more, your new plan cannot impose another pre-existing condition exclusion period.