Health Insurance for Preferred Risk Individuals
Healthy
people who meet specific medical guidelines may qualify for
significant health insurance discounts in the same way that
individuals with clean driving records qualify for deep
discounts on their auto insurance rates. Overall, about one
in twenty Americans qualify for this discount and not all
health insurance companies offer this type of pricing
methodology
To qualify
for preferred risk rates, an applicant must
1. Have
a build that falls within the normal range as determined by
AMA gender-specific height/weight guidelines (Also called
Body Mass Index (BMI)).
2.
Not be taking any
prescription drugs at the time of application and
3. The
applicant should be generally free of significant medical
treatment for the past five years or more. A normal healthy
physical exam with favorable BP, cholesterol measurement and
blood test with normal results should have been completed
within the past twelve months.
Typically,
preferred risk applicants favor
high-deductible low cost health insurance plans including
insurance that qualify as Health Savings
Accounts. The discount for these applicants can range
from about $200 for an average single to about $600 for a
typical family.
Because of
the strict scrutiny of applications for preferred risk
plans, it is best to continue other health insurance until
the preferred risk plan is approved.
The links below will provide specific resources that will
help you choose health insurance in your state, as well as
multiple carriers offering online health insurance quotes.
|