Further thoughts you ll need next time you go shopping for a healthcare insurance policy

Further Thoughts You'll Need Next Time You Go Shopping For a HealthCare Insurance Policy

Renewing or purchasing a health insurance policy? Here's some further snags to watch out for!

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Prohibited Marketing Practices. It is unlawful for a company or agent to use high pressure tactics to force or frighten you into buying a Medigap policy, or to make fraudulent or misleading comparisons to get you to switch from one company or policy to another. Deceptive "cold lead" advertising also is prohibited. This lactic involves mailings to identify individuals who might be interested in buying insurance. If you fill in and return the card enclosed in the mailing, the card may be sold to an insurance agent who will try to sell you a policy.

Check Your Right to Renew. States now require that Medigap policies be guaranteed renewable. This means that the company can refuse to renew your policy only if you do not pay the premiums or you made material misrepresentations on the application. Beware of older policies that let the company refuse to renew on an individual basis. These policies provide the least permanent coverage. Even though your policy may be guaranteed renewable the company

 

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العنوان : Further thoughts you ll need next time you go shopping for a healthcare insurance policy
الوصف : Further Thoughts You'll Need Next Time You Go Shopping For a HealthCare Insurance Policy Renewing or purchasing a health insurance polic...
تقييم الموضوع : 4.5
الكاتب : غير معرف