Why should health insurance companies be allowed to deny coverage to prevent existing conditions?

  • by Jorge
  • Nov 18,2016
  • 11 answers

Why should health insurance companies be allowed to deny coverage to prevent existing conditions?


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Insurance Answers (11)

Jeffrey 6 months ago

And that's the great American "paradox". Bombing the world into "democracy" and yet not being able to look aftheir own. Or is it a double paradox, or maybe a double hypocrisy.

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mbrcatz 6 months ago

Two words explain it: Adverse Selection.
It's just like buying a lottery ticket. You cannot buy a ticket for Friday night's drawing, Saturday morning, after you already know the numbers.

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Maris 6 months ago

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Erik 6 months ago

They can't, that's one of the main points of Obamacare. Where have you been?

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babyboomer1001 6 months ago

You mean to deny coverage on existing conditions. You cannot prevent existing conditions. They are currently allowed to because the law allows them to.

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Bob 6 months ago

They were allowed in the past to do this because of the COSTS they incur to pay for those treatments and they would lose money on that customers

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Flower 6 months ago

You mean exclude people with pre-existing conditions. They cannot do that under the Obamacare law.

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Godless Gazoo 6 months ago

Can you get homeowners insurance when your house is already on fire? Same thing. That's a per-existing condition.
Insurance spreads out risk. It's not a risk if you've already had the loss.

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exactduke 6 months ago

Probably because their other customers don't want to pay higher premiums to pay for hugely costly new customers with these conditions. As we're finding out with Obama Care.

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Andy L. 6 months ago

Because, the overall cost is untenable. The USA is based on a pay system of medicine, and forcing coverage of pre-existing conditions is what makes insurance too expensive to own without heavy government subsidies which pushed the national debt to 19.5 Trillion.
Health care is the biggest part of the Federal budget, and preexisting condition coverage is a big hit.
Insurance for something that one already has is not insurance. It is just trying to spread the cost on everyone else. It is socialized medicine without the lower costs built into those systems at the expense of the USA.

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Judy 6 months ago

The idea behind insurance is to spread out the cost of problems to a bigger base, rater than the disaster being totally paid for by the person it happens to, probably bankrupting them. Take home insurance, for example. If pre-existing conditions had to be covered, you could just not buy it, and if your house burns down buy it THEN and the insurance company would have to pay for it. A lot fewer people would buy isurance if it was optional so premiums would be sky-high since the money to pay claims has to come from somwhere. Or car insuance - how long would State Farm stay in business if people didn't have to have insurance, could could just call them after an accident, buy insurance THEN and get paid for the car they just totalled? Health insurance has the same situation, unless insurance is required. Think about it.

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