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How are individual health insurance plans different?

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How are individual health insurance plans different?

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The qualifications and regulations that govern individual medical insurance vary from state to state and from one insurance company to another. In all states, the primary difference between group (those plans offered through an employer) and family health insurance is that the health plans available to individuals and families are not guaranteed issue. This means that the private health insurance company may turn you down for coverage based on pre-existing medical conditions or they may approve you for medical insurance coverage but exclude benefits for treatments associated with your pre-existing condition. This is what is referred to as an “exclusionary rider,” which is an addendum to the standard benefits offered under the health plan that you have selected. Some states do not permit insurance companies to place exclusionary riders on individual health insurance policies. This may seem like a good thing on the surface, but the rate of declined applications is much higher in this cas

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Yeah, you are right, each insurance plan differs from company to company and depends on the country’s regulations. It may be an individual or group health insurance, and the cover plan is different. But it’s important to be informed very well before choosing the insurance company and the plan that should cover all the services you need. So, I have individual health insurance provided by taylorbenefitsinsurance.com and I am satisfied with that. Last year, I had some unpredictable health problems and surgery and all was covered by health insurance. Moreover, I have never had any issues with this company.

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