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Better chance if assume greater risk
Old 12-30-2008, 09:34 PM   #1
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Better chance if assume greater risk

Does anyone know if somone with enough health issues that would normally preclude them from qualifying for private health insurance, have a better chance of qualifying if they were willing to get a plan with either a $5000 or $10000 decutible and a 20-30% copay? Basically truly catastrophic insurance coevrage. In other words, do your chances increase of being able to get incusrance if you are willing to shoulder a greater financial share/risk?

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Old 12-31-2008, 08:57 AM   #2
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What the insurance companies are trying to avoid is the catastropic claims risk that you would like to insure. Plans that have lower deductibles and lower co-pays represent dollar trading in which the ins. co. holds your dollars for a while, and then forwards them to the dr. for say the flu or a cold. There is no real insurace involved in these small claims. The larger deductible generally saves the company admin. costs.

Your best chance to get coverage is through your state's medical assigned risk plan (if it has one).
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