Originally Posted by stargazer08
I looked over the app on-line to see what questions they ask. I have migraines for which I take 3-4 Rx pills per month (which I assume will lessen when I retire) and DH took depression meds from 2000 through 2003 and had elevated cholesterol in 2002 (250) when we had life ins physicals but in 2004 his cholesterol was down to 200 when he switched life ins carriers and had another physical. We both visit chiropractor once a month. That's the extent of our medical issues. I'm not sure if they are considered rejectable problems. We plan on going with high deduct (5000/person) HSA plan. I guess we should have the agent make those pre-screening calls and go with the carrier that seems to have the least possibility of declining our app.
edited to thank you for your reply
What kind of Migraine Rx are you taking? Immitrex is something like $600/30-day supply at the retail price at Sam's club. I just checked into it on Fri. for one of my clients. With BCBS, if the cost of your current meds exceeds a certain percent (I think it's 19.5%) of your premium, it can result in a decline. If you don't mind self-funding your prescription, you might want to consider a carrier that has the ability to exclude your headaches from coverage (if your state allows carriers to exclude conditions from coverage - some states don't). A good alternate choice of carriers might be Humana, Golden Rule or Assurant Health (if they do business in your state). At least in Colorado, all of these carriers will typically exclude pre-existing migraine headaches from coverage rather than declining you from coverage alltogether.
Depression and the use of a chiropractor don't usually present too much of a problem with underwriting, unless the depression is very serious or if the associated medication(s) are extremely expensive. If there hasn't been any treatment for depression for at least a year, most carriers don't even underwrite that. (offer is standard). However, sometimes carriers frown upon spinal manipulation, especially if it is associated with regular therapy for a past injury that has never completely recovered.
With the past history of elevated cholesterol, any carrier you apply with might want a current cholesterol reading before offering coverage. This might mean that he will have to get a physical before underwriting is completed. I would try to apply first on that, and see what the underwriter asks for. If he can get away without having to have a physical first, that would be the ideal scenario. I wouldn't run out and get a physical first
unless an underwriter asks for it. (just to avoid having anything popping up in the physical that you are currently unaware of). Perhaps he could negotiate a paramed or just a lab test for the cholesterol reading rather than a complete work up. It would be cheaper and less risky as far as bringing to light any undesirable conditions that might be divulged in a complete physical exam.