Study Shows Health Insurance Rejections Increase
The number of Americans seeking health insurance who are approved by companies is decreasing year after year according to a new report released by House Energy and Commerce Committee. According to this report, applicants turned down for coverage by large health insurance due to preexisting conditions increased by nearly 50 percent between 2007 and 2009.
Major Companies Big on Rejection
Four major health insurance companies listed in the report were big on rejection over the years the study covered. WellPoint Inc., Aetna Inc., Humana Inc. and United Health Group Inc. rejected a combined 651,000 applicants for illnesses or conditions they had before applying for coverage.
More specifically, the companies turned down 257,000 people in 2009 who sought to buy benefits on their own, which was an increase from the 172,400 applicants turned down in 2007. Their business plans even included provisions meant specifically to exclude preexisting conditions.
Just one of the companies had a list of 425 conditions that could be used to deny applicants. Some of those conditions included pregnancy, diabetes and heart disease.
Health Care Reform and Handling Rejections
As a part of the health care reform bill, being rejected due to preexisting is supposed to become a thing of the past. Of course, until that portion of the bill takes effect in 2014, many applicants could still face rejection when applying for health insurance.
There have been high-risk pools set up around the country to help those who due have preexisting conditions and have problems acquiring coverage. The only problem is that these pools have a reputation for being too costly for many to afford.
Unfortunately, being rejected may be a reality for many even after 2014 arrives (many companies have proven this by dropping child-only policies when they were required to cover children with preexisting conditions). So if this happens to you, it’s good to know how to handle being rejected to help you get and keep the coverage you deserve.